Tamer Elgamil ·
Gold prices for 21K and 24K dropped nearly two percent over the past week, with global gold prices leading the decline despite a stronger Egyptian pound.
Gold prices for 21K and 24K dropped nearly two percent over the past week, with global gold prices leading the decline despite a stronger Egyptian pound.
Over the past week, the price of 21K gold fell by 1.90 percent, from 6,353 EGP per gram to 6,232 EGP. The 24K price followed the same decline. This change is mostly due to the global gold price dropping by 3.61 percent when adjusted for the US dollar to Egyptian pound rate. The local currency strengthened by 1.77 percent in the same period, which helped limit the decline in Egyptian pound terms. About two-thirds of the 21K gold price drop came from the metal itself, and one-third from currency movements.
This session's price of 6,232 EGP per gram for 21K gold sits just below the recent 30-session average of 6,294 EGP. The price is near the midpoint of the range recorded over this period, which spans from 5,866 to 6,646 EGP per gram. Today's price move ranks 12th in size out of 29 recent sessions, making it a moderately significant shift. The ratio of gold to silver stands at 68 grams of silver per gram of pure gold, slightly above the recent average of 67.6, showing a stable relationship between the metals.
The gap between gold buy-back and sell prices is 100 EGP per gram, or 1.60 percent of the 21K price. With average daily price moves around 0.89 percent, it takes about one point eight days of typical price change just to cover trading costs, not including workmanship fees. Today's price dropped by 0.77 percent since the last session, which is close to the average size of daily moves. This means that buyers or sellers today face normal costs and price changes for transactions.
If you are thinking about buying or selling gold today, note that prices have moved down moderately over the past week. The cost to buy and then sell back gold is about one point six percent of the price, so price changes need to cover this for a break-even. Today’s price change is typical, so trading costs and price shifts are normal for this period.
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 6,232 EGP — the figure we recorded for 2026-09-14, 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 0.77% on the previous session, in the middle part of its trailing 30-session range of 5,866–6,646 EGP — the 47th percentile of that window. The briefing above quotes 6,280 EGP for 21K on this date, which is the level at the moment it was published; our full-day average is 6,232 EGP, 48.5 EGP (0.78%) lower. 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 -1.54% and the USD/EGP rate for 0.78%. On this date the larger contribution came from the international metal price. Against a mean daily move of 0.89% 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 1.60% 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 2026-09-14 with our own earlier snapshots: 60 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 6,132 EGP, before any workmanship, which is never recovered.
| Session | 21K sell then | Change to 2026-09-14 | % | Round trip per gram |
|---|---|---|---|---|
| 2026-09-13 | 6,280 | −48.5 | −0.77% | −148.5 |
| 2026-09-10 | 6,307 | −75.4 | −1.20% | −175.4 |
| 2026-09-09 | 6,311 | −79.8 | −1.26% | −179.8 |
| 2026-09-08 | 6,308 | −76.9 | −1.22% | −176.9 |
| 2026-09-07 | 6,315 | −83.8 | −1.33% | −183.8 |
| 2026-09-06 | 6,332 | −100.4 | −1.59% | −200.4 |
| 2026-09-03 (7 back) | 6,353 | −121.0 | −1.90% | −221.0 |
| 2026-09-02 | 6,236 | −4.8 | −0.08% | −104.8 |
| 2026-09-01 | 6,281 | −49.4 | −0.79% | −149.4 |
| 2026-08-31 | 6,335 | −103.8 | −1.64% | −203.8 |
| 2026-08-30 | 6,327 | −95.7 | −1.51% | −195.7 |
| 2026-08-27 | 6,478 | −246.3 | −3.80% | −346.3 |
| 2026-08-26 | 6,533 | −301.9 | −4.62% | −401.9 |
| 2026-08-25 (14 back) | 6,611 | −379.4 | −5.74% | −479.4 |
| 2026-08-24 (window high) | 6,646 | −414.1 | −6.23% | −514.1 |
| 2026-08-23 | 6,604 | −372.3 | −5.64% | −472.3 |
| 2026-08-20 | 6,398 | −166.0 | −2.59% | −266.0 |
| 2026-08-19 | 6,259 | −27.6 | −0.44% | −127.6 |
| 2026-08-18 | 6,253 | −21.3 | −0.34% | −121.3 |
| 2026-08-17 | 6,261 | −29.1 | −0.46% | −129.1 |
| 2026-08-16 | 6,251 | −19.4 | −0.31% | −119.4 |
| 2026-08-13 | 6,297 | −65.1 | −1.03% | −165.1 |
| 2026-08-12 | 6,326 | −94.8 | −1.50% | −194.8 |
| 2026-08-11 | 6,282 | −50.4 | −0.80% | −150.4 |
| 2026-08-10 | 6,127 | +104.6 | +1.71% | +4.6 |
| 2026-08-09 | 6,123 | +108.1 | +1.77% | +8.1 |
| 2026-08-06 | 5,973 | +258.1 | +4.32% | +158.1 |
| 2026-08-05 | 5,917 | +314.3 | +5.31% | +214.3 |
| 2026-08-04 (window low) | 5,866 | +365.9 | +6.24% | +265.9 |
| 2026-08-03 | 5,862 | +369.3 | +6.30% | +269.3 |
| 2026-06-29 (first recorded) | 5,665 | +566.5 | +10.00% | +466.5 |
| Reading | 2026-09-14 | 2026-09-03 | Change | % |
|---|---|---|---|---|
| 24K sell (EGP/g) | 7,122 | 7,260 | −138.2 | −1.90% |
| 21K sell (EGP/g) | 6,232 | 6,353 | −121.0 | −1.90% |
| 18K sell (EGP/g) | 5,341 | 5,445 | −103.7 | −1.90% |
| Silver 999 (EGP/g) | 104.8 | 108.4 | −3.6 | −3.32% |
| USD/EGP | 51.80 | 50.90 | +0.9 | +1.77% |
| 24K ÷ USD/EGP, metal only | 137.5 | 142.6 | −5.1 | −3.61% |
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 2026-09-03 to 2026-09-14 that index went 142.6 to 137.5 (−3.61%) while USD/EGP went 50.90 to 51.80 (+1.77%) — about 67% global gold and 33% the pound, on a 21K headline of −1.90%.
| Measure | Value |
|---|---|
| Sessions in the window | 30, ending 2026-09-14 |
| Sessions higher than the one before | 14 |
| Sessions lower | 15 |
| Mean absolute session move | 0.89% |
| Largest move in the window | +3.22% on 2026-08-23 |
| This session's move, by size | 12th of 29 |
| Window mean 21K | 6,294 EGP |
| This session against that mean | −0.99% |
| Window 21K range | 5,866–6,646 EGP |
| Sessions recorded to date | 60, from 2026-06-29 |
Gold against silver. 24K 7,122 EGP, 999 silver 104.8 EGP: a gram of gold bought 68.0 grams of silver on 2026-09-14, against a 67.6 mean and a 65.6–70.1 range over 30 sessions — level with 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 6,280 EGP per gram to sell and 6,180 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 × 6,280 = 50,240 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.