Tamer Elgamil ·
The price of gold moved slightly today as the currency exchange rate and global metal values balanced each other out in the retail market.
The price of gold moved slightly today as the currency exchange rate and global metal values balanced each other out in the retail market.
The market recorded a 21K price of 6,308 EGP/g today. This represents a -0.30% change from the 6,327 EGP/g rate recorded on 2026-08-30. The movement in the local price is the result of two competing factors.
Global gold prices dropped, accounting for about 54% of the downward pressure on the local price. Conversely, the USD/EGP exchange rate, which stands at 51.00, rose by 1.39% from 50.30, which offset some of those losses.
Looking at the last 30 recorded sessions, today's move is relatively small. The mean absolute move per session in this window is 0.91%, and today's move ranks 25 of 29 by size. We have seen 15 sessions go up and 14 go down in this period.
The 21K price remains above the window mean of 6,242 EGP/g by 1.07%. Currently, one gram of 24K gold is equal to 66.5 grams of silver, fitting within the window range of 66.2 to 71.9.
Retail shops are currently offering a buy-back price of 6,208 EGP/g for 21K gold. This creates a buy/sell gap of 100 EGP per gram, which equals 1.59% of the selling price.
Given the average daily move of 0.91%, a round trip—buying and later selling—requires approximately 1.7 average days of price movement to break even. This calculation does not include the cost of workmanship on jewelry pieces.
If you are looking at jewelry today, keep in mind that the buy/sell gap is 100 EGP per gram. This means that if you buy a piece, the value you receive upon immediate resale will be lower than the purchase price. The 1.59% gap is a cost you absorb at the moment of transaction, regardless of future price movements. Since the market is moving slowly—with today's change being only 0.1x the average session—the price has been stable relative to the broader window of 5,862 to 6,646 EGP/g.
This daily briefing is produced automatically from the market prices we recorded at publication time. The figures are observed values, not forecasts, and nothing here is investment advice. Drafted automatically from our recorded prices and not yet reviewed by an editor.
Where this day sat. At 6,308 EGP — the figure we recorded for 2026-09-08, which is the average of the prices we sampled across that whole day rather than the point-in-time level quoted above — the 21K gram was down 0.11% on the previous session, in the upper-middle part of its trailing 30-session range of 5,862–6,646 EGP — the 57th percentile of that window.
What moved it. Splitting the day's move into its two causes: the metal itself accounted for -0.30% and the USD/EGP rate for 0.20%. On this date the larger contribution came from the international metal price. Against a mean daily move of 0.91% across the trailing window, this was a quieter day than usual.
What it cost to trade. The quoted buy-back sat 100.0 EGP below the sell price, or 1.59% of the gram. At this window's average daily movement that spread takes about 1.7 days of favourable movement to recover — before any workmanship, which is never recovered at all.
The tables below compare 2026-09-08 with our own earlier snapshots: 56 sessions recorded to this date, the last 30 of them forming the window used throughout. Every figure in this section is our own recorded daily average for the date named, not the point-in-time level quoted at the top of this briefing.
The last column is the one figure a buyer actually feels: what a gram bought at that session's sell price would return at this session's recorded buy-back of 6,208 EGP, before any workmanship, which is never recovered.
| Session | 21K sell then | Change to 2026-09-08 | % | Round trip per gram |
|---|---|---|---|---|
| 2026-09-07 | 6,315 | −6.9 | −0.11% | −106.9 |
| 2026-09-06 | 6,332 | −23.5 | −0.37% | −123.5 |
| 2026-09-03 | 6,353 | −44.1 | −0.69% | −144.1 |
| 2026-09-02 | 6,236 | +72.1 | +1.16% | −27.9 |
| 2026-09-01 | 6,281 | +27.5 | +0.44% | −72.5 |
| 2026-08-31 | 6,335 | −26.9 | −0.42% | −126.9 |
| 2026-08-30 (7 back) | 6,327 | −18.8 | −0.30% | −118.8 |
| 2026-08-27 | 6,478 | −169.4 | −2.62% | −269.4 |
| 2026-08-26 | 6,533 | −225.0 | −3.44% | −325.0 |
| 2026-08-25 | 6,611 | −302.5 | −4.58% | −402.5 |
| 2026-08-24 (window high) | 6,646 | −337.2 | −5.07% | −437.2 |
| 2026-08-23 | 6,604 | −295.4 | −4.47% | −395.4 |
| 2026-08-20 | 6,398 | −89.1 | −1.39% | −189.1 |
| 2026-08-19 (14 back) | 6,259 | +49.3 | +0.79% | −50.7 |
| 2026-08-18 | 6,253 | +55.6 | +0.89% | −44.4 |
| 2026-08-17 | 6,261 | +47.8 | +0.76% | −52.2 |
| 2026-08-16 | 6,251 | +57.5 | +0.92% | −42.5 |
| 2026-08-13 | 6,297 | +11.8 | +0.19% | −88.2 |
| 2026-08-12 | 6,326 | −17.9 | −0.28% | −117.9 |
| 2026-08-11 | 6,282 | +26.5 | +0.42% | −73.5 |
| 2026-08-10 | 6,127 | +181.5 | +2.96% | +81.5 |
| 2026-08-09 | 6,123 | +185.0 | +3.02% | +85.0 |
| 2026-08-06 | 5,973 | +335.0 | +5.61% | +235.0 |
| 2026-08-05 | 5,917 | +391.2 | +6.61% | +291.2 |
| 2026-08-04 | 5,866 | +442.8 | +7.55% | +342.8 |
| 2026-08-03 (window low) | 5,862 | +446.2 | +7.61% | +346.2 |
| 2026-08-02 | 5,915 | +393.1 | +6.65% | +293.1 |
| 2026-07-30 | 5,920 | +388.7 | +6.57% | +288.7 |
| 2026-07-29 | 5,868 | +440.9 | +7.51% | +340.9 |
| 2026-07-28 | 5,878 | +430.3 | +7.32% | +330.3 |
| 2026-06-29 (first recorded) | 5,665 | +643.4 | +11.36% | +543.4 |
| Reading | 2026-09-08 | 2026-08-30 | Change | % |
|---|---|---|---|---|
| 24K sell (EGP/g) | 7,210 | 7,231 | −21.3 | −0.29% |
| 21K sell (EGP/g) | 6,308 | 6,327 | −18.8 | −0.30% |
| 18K sell (EGP/g) | 5,407 | 5,423 | −16.1 | −0.30% |
| Silver 999 (EGP/g) | 108.4 | 107.0 | +1.4 | +1.31% |
| USD/EGP | 51.00 | 50.30 | +0.7 | +1.39% |
| 24K ÷ USD/EGP, metal only | 141.4 | 143.8 | −2.4 | −1.66% |
Metal or pound. The last row separates the two causes of a move in EGP: 24K divided by USD/EGP is the metal alone. From 2026-08-30 to 2026-09-08 that index went 143.8 to 141.4 (−1.66%) while USD/EGP went 50.30 to 51.00 (+1.39%) — about 54% global gold and 46% the pound, on a 21K headline of −0.30%.
| Measure | Value |
|---|---|
| Sessions in the window | 30, ending 2026-09-08 |
| Sessions higher than the one before | 15 |
| Sessions lower | 14 |
| Mean absolute session move | 0.91% |
| Largest move in the window | +3.22% on 2026-08-23 |
| This session's move, by size | 25th of 29 |
| Window mean 21K | 6,242 EGP |
| This session against that mean | +1.07% |
| Window 21K range | 5,862–6,646 EGP |
| Sessions recorded to date | 56, from 2026-06-29 |
Gold against silver. 24K 7,210 EGP, 999 silver 108.4 EGP: a gram of gold bought 66.5 grams of silver on 2026-09-08, against a 68.2 mean and a 66.2–71.9 range over 30 sessions — gold cheaper against silver than the window average.
These figures are our own recorded observations of the Egyptian market on the dates named, computed from our daily record and containing no forecast; the full series is on the price history and analysis page.
21K gold is about 6,315 EGP per gram to sell and 6,215 EGP buy-back at publication time. Shop prices add workmanship on top of the raw metal value.
The gold pound weighs 8 grams of 21K, so its raw value today is 8 × 6,315 = 50,520 EGP, before workmanship, stamping or tax.
That 100 EGP per gram is the fixed reference this site subtracts from the recorded sell price, not an observed dealer spread: we do not track what individual shops bid, and what a particular dealer pays you may be more or less. It is your real cost of entering and exiting a position.
Together with USD/EGP, yes. The gram equals the ounce in dollars times the exchange rate divided by 31.1035, adjusted for karat purity — so a stable pound passes global moves through one-for-one.