Tamer Elgamil ·
Gold prices dropped a small amount this session, pulled down more by falling global metal values than by the weaker pound.
Gold prices dropped a small amount this session, pulled down more by falling global metal values than by the weaker pound.
The price of 21K gold fell to 6,311 EGP per gram from 6,335 EGP in the prior session. The drop of 0.38% came from two sources. The global price of gold in dollars declined, accounting for about 62% of the move. The rest came from the Egyptian pound weakening against the dollar, with USD/EGP rising to 51.20 from 50.90. The dollar's gain was 0.59%, which made imported gold more expensive locally even as the metal weakened globally.
This session's 0.38% drop ranks as the smallest downward move in the last 30 trading days. The average session in that window saw a price shift of 0.88% in either direction. The highest price in the period was 6,646 EGP, the lowest was 5,862 EGP. Today's price sits at the 57th percentile within that range. Compared to the 30-session average of 6,257 EGP, today's price is 0.87% higher. Gold has moved down 14 times and up 15 times in the past 57 sessions.
If you sell gold today, a shop will pay 6,211 EGP per gram for 21K, 100 EGP below the 6,311 EGP sell price. That gap is 1.58% of the price. To cover this cost and make a profit, you would need the price to rise by at least that much. Given the average daily move is 0.88%, it would take about 1.8 average sessions of movement to break even, not counting workmanship fees. Today's own movement was very small, only 0.05% net.
If you are thinking about buying gold now, the price is slightly lower than last week. If you plan to sell soon, keep in mind that shops will pay 100 EGP less per gram than the listed price. The market has been moving slowly, so gains or losses over a single day are small. No big shifts happened today.
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 6,311 EGP — the figure we recorded for 2026-09-09, 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 up 0.05% 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. The briefing above quotes 6,285 EGP for 21K on this date, which is the level at the moment it was published; our full-day average is 6,311 EGP, 26.3 EGP (0.42%) higher. The gap is movement during the day between those two moments, not a revision of either figure.
What moved it. Splitting the day's move into its two causes: the metal itself accounted for -0.35% and the USD/EGP rate for 0.39%. On this date the larger contribution came from the Egyptian pound. Against a mean daily move of 0.88% 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 1.58% of the gram. At this window's average daily movement that spread takes about 1.8 days of favourable movement to recover — before any workmanship, which is never recovered at all.
The tables below compare 2026-09-09 with our own earlier snapshots: 57 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 6,211 EGP, before any workmanship, which is never recovered.
| Session | 21K sell then | Change to 2026-09-09 | % | Round trip per gram |
|---|---|---|---|---|
| 2026-09-08 | 6,308 | +2.9 | +0.05% | −97.1 |
| 2026-09-07 | 6,315 | −4.0 | −0.06% | −104.0 |
| 2026-09-06 | 6,332 | −20.6 | −0.33% | −120.6 |
| 2026-09-03 | 6,353 | −41.2 | −0.65% | −141.2 |
| 2026-09-02 | 6,236 | +75.0 | +1.20% | −25.0 |
| 2026-09-01 | 6,281 | +30.4 | +0.48% | −69.6 |
| 2026-08-31 (7 back) | 6,335 | −24.0 | −0.38% | −124.0 |
| 2026-08-30 | 6,327 | −15.9 | −0.25% | −115.9 |
| 2026-08-27 | 6,478 | −166.5 | −2.57% | −266.5 |
| 2026-08-26 | 6,533 | −222.1 | −3.40% | −322.1 |
| 2026-08-25 | 6,611 | −299.6 | −4.53% | −399.6 |
| 2026-08-24 (window high) | 6,646 | −334.3 | −5.03% | −434.3 |
| 2026-08-23 | 6,604 | −292.5 | −4.43% | −392.5 |
| 2026-08-20 (14 back) | 6,398 | −86.2 | −1.35% | −186.2 |
| 2026-08-19 | 6,259 | +52.2 | +0.83% | −47.8 |
| 2026-08-18 | 6,253 | +58.5 | +0.94% | −41.5 |
| 2026-08-17 | 6,261 | +50.7 | +0.81% | −49.3 |
| 2026-08-16 | 6,251 | +60.4 | +0.97% | −39.6 |
| 2026-08-13 | 6,297 | +14.7 | +0.23% | −85.3 |
| 2026-08-12 | 6,326 | −15.0 | −0.24% | −115.0 |
| 2026-08-11 | 6,282 | +29.4 | +0.47% | −70.6 |
| 2026-08-10 | 6,127 | +184.4 | +3.01% | +84.4 |
| 2026-08-09 | 6,123 | +187.9 | +3.07% | +87.9 |
| 2026-08-06 | 5,973 | +337.9 | +5.66% | +237.9 |
| 2026-08-05 | 5,917 | +394.1 | +6.66% | +294.1 |
| 2026-08-04 | 5,866 | +445.7 | +7.60% | +345.7 |
| 2026-08-03 (window low) | 5,862 | +449.1 | +7.66% | +349.1 |
| 2026-08-02 | 5,915 | +396.0 | +6.69% | +296.0 |
| 2026-07-30 | 5,920 | +391.6 | +6.62% | +291.6 |
| 2026-07-29 | 5,868 | +443.8 | +7.56% | +343.8 |
| 2026-06-29 (first recorded) | 5,665 | +646.3 | +11.41% | +546.3 |
| Reading | 2026-09-09 | 2026-08-31 | Change | % |
|---|---|---|---|---|
| 24K sell (EGP/g) | 7,213 | 7,240 | −27.6 | −0.38% |
| 21K sell (EGP/g) | 6,311 | 6,335 | −24.0 | −0.38% |
| 18K sell (EGP/g) | 5,410 | 5,430 | −20.6 | −0.38% |
| Silver 999 (EGP/g) | 109.9 | 109.4 | +0.5 | +0.46% |
| USD/EGP | 51.20 | 50.90 | +0.3 | +0.59% |
| 24K ÷ USD/EGP, metal only | 140.9 | 142.2 | −1.4 | −0.96% |
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 2026-08-31 to 2026-09-09 that index went 142.2 to 140.9 (−0.96%) while USD/EGP went 50.90 to 51.20 (+0.59%) — about 62% global gold and 38% the pound, on a 21K headline of −0.38%.
| Measure | Value |
|---|---|
| Sessions in the window | 30, ending 2026-09-09 |
| Sessions higher than the one before | 15 |
| Sessions lower | 14 |
| Mean absolute session move | 0.88% |
| Largest move in the window | +3.22% on 2026-08-23 |
| This session's move, by size | 29th of 29 |
| Window mean 21K | 6,257 EGP |
| This session against that mean | +0.87% |
| Window 21K range | 5,862–6,646 EGP |
| Sessions recorded to date | 57, from 2026-06-29 |
Gold against silver. 24K 7,213 EGP, 999 silver 109.9 EGP: a gram of gold bought 65.6 grams of silver on 2026-09-09, against a 68.0 mean and a 65.6–71.9 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 6,285 EGP per gram to sell and 6,185 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 × 6,285 = 50,280 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.