Tamer Elgamil ·
The local price of gold moved up today primarily due to the weakening exchange rate of the Egyptian pound against the dollar.
The local price of gold moved up today primarily due to the weakening exchange rate of the Egyptian pound against the dollar.
Gold prices saw a modest increase over the previous seven sessions, with 21K gold rising by 0.41% to reach 6,307 EGP/g. The 24K price followed the same trend, moving to 7,208 EGP/g. This performance was influenced by two factors: the value of the metal itself and the exchange rate of the USD/EGP, which sat at 51.30.
When looking at the split of the 21K move, about 32% of the change came from global gold price movements, while approximately 68% resulted from the currency shift. The underlying metal value, when isolated from the exchange rate, actually showed a decline of 0.37%.
Over the last 30 sessions, we have seen 15 days of price increases and 14 days of declines. Today's price of 6,307 EGP/g for 21K gold is 0.60% higher than the 6,270 EGP/g window mean. This price sits in the 57th percentile of the recorded range, which spans from 5,862 EGP/g to 6,646 EGP/g.
Compared to silver, one gram of 24K gold is currently equal to 66.6 grams of silver. This ratio remains within our 30-session window range of 65.6 to 71.9, sitting slightly below the mean of 67.9.
For those looking at their holdings, the gap between the sell price of 6,307 EGP/g and the 6,207 EGP/g buy-back price remains at 100 EGP per gram. This buy/sell gap represents 1.59% of the retail price.
Given that the mean absolute move per session is 0.88%, a round trip transaction requires roughly 1.8 average days of market movement to break even, excluding any additional costs for workmanship or design. Today's specific move was minor, registering at 0.1 times the average session move.
If you are planning to buy or sell today, remember that the 100 EGP difference between the retail price and the buy-back rate is a fixed cost you must absorb immediately. Because the market has shown an average daily move of 0.88%, it typically takes nearly two days of positive market movement for the price to overcome this initial spread. Always check the workmanship fees at the shop, as these are extra costs on top of the raw gold price mentioned here.
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 6,307 EGP — the figure we recorded for 2026-09-10, 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 0.07% 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 -0.26% 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 0.88% 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 1.59% 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 2026-09-10 with our own earlier snapshots: 58 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 6,207 EGP, before any workmanship, which is never recovered.
| Session | 21K sell then | Change to 2026-09-10 | % | Round trip per gram |
|---|---|---|---|---|
| 2026-09-09 | 6,311 | −4.4 | −0.07% | −104.4 |
| 2026-09-08 | 6,308 | −1.5 | −0.02% | −101.5 |
| 2026-09-07 | 6,315 | −8.4 | −0.13% | −108.4 |
| 2026-09-06 | 6,332 | −25.0 | −0.39% | −125.0 |
| 2026-09-03 | 6,353 | −45.6 | −0.72% | −145.6 |
| 2026-09-02 | 6,236 | +70.6 | +1.13% | −29.4 |
| 2026-09-01 (7 back) | 6,281 | +26.0 | +0.41% | −74.0 |
| 2026-08-31 | 6,335 | −28.4 | −0.45% | −128.4 |
| 2026-08-30 | 6,327 | −20.3 | −0.32% | −120.3 |
| 2026-08-27 | 6,478 | −170.9 | −2.64% | −270.9 |
| 2026-08-26 | 6,533 | −226.5 | −3.47% | −326.5 |
| 2026-08-25 | 6,611 | −304.0 | −4.60% | −404.0 |
| 2026-08-24 (window high) | 6,646 | −338.7 | −5.10% | −438.7 |
| 2026-08-23 (14 back) | 6,604 | −296.9 | −4.50% | −396.9 |
| 2026-08-20 | 6,398 | −90.6 | −1.42% | −190.6 |
| 2026-08-19 | 6,259 | +47.8 | +0.76% | −52.2 |
| 2026-08-18 | 6,253 | +54.1 | +0.87% | −45.9 |
| 2026-08-17 | 6,261 | +46.3 | +0.74% | −53.7 |
| 2026-08-16 | 6,251 | +56.0 | +0.90% | −44.0 |
| 2026-08-13 | 6,297 | +10.3 | +0.16% | −89.7 |
| 2026-08-12 | 6,326 | −19.4 | −0.31% | −119.4 |
| 2026-08-11 | 6,282 | +25.0 | +0.40% | −75.0 |
| 2026-08-10 | 6,127 | +180.0 | +2.94% | +80.0 |
| 2026-08-09 | 6,123 | +183.5 | +3.00% | +83.5 |
| 2026-08-06 | 5,973 | +333.5 | +5.58% | +233.5 |
| 2026-08-05 | 5,917 | +389.7 | +6.59% | +289.7 |
| 2026-08-04 | 5,866 | +441.3 | +7.52% | +341.3 |
| 2026-08-03 (window low) | 5,862 | +444.7 | +7.59% | +344.7 |
| 2026-08-02 | 5,915 | +391.6 | +6.62% | +291.6 |
| 2026-07-30 | 5,920 | +387.2 | +6.54% | +287.2 |
| 2026-06-29 (first recorded) | 5,665 | +641.9 | +11.33% | +541.9 |
| Reading | 2026-09-10 | 2026-09-01 | Change | % |
|---|---|---|---|---|
| 24K sell (EGP/g) | 7,208 | 7,178 | +29.5 | +0.41% |
| 21K sell (EGP/g) | 6,307 | 6,281 | +26.0 | +0.41% |
| 18K sell (EGP/g) | 5,406 | 5,384 | +22.3 | +0.41% |
| Silver 999 (EGP/g) | 108.2 | 106.3 | +1.9 | +1.79% |
| USD/EGP | 51.30 | 50.90 | +0.4 | +0.79% |
| 24K ÷ USD/EGP, metal only | 140.5 | 141.0 | −0.5 | −0.37% |
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 2026-09-01 to 2026-09-10 that index went 141.0 to 140.5 (−0.37%) while USD/EGP went 50.90 to 51.30 (+0.79%) — about 32% global gold and 68% the pound, on a 21K headline of +0.41%.
| Measure | Value |
|---|---|
| Sessions in the window | 30, ending 2026-09-10 |
| 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 | 26th of 29 |
| Window mean 21K | 6,270 EGP |
| This session against that mean | +0.60% |
| Window 21K range | 5,862–6,646 EGP |
| Sessions recorded to date | 58, from 2026-06-29 |
Gold against silver. 24K 7,208 EGP, 999 silver 108.2 EGP: a gram of gold bought 66.6 grams of silver on 2026-09-10, against a 67.9 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 6,310 EGP per gram to sell and 6,210 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 × 6,310 = 50,480 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.