Tamer Elgamil ·
The domestic gold price moved higher today as changes in the currency rate and global metal valuations combined to shift the market.
The domestic gold price moved higher today as changes in the currency rate and global metal valuations combined to shift the market.
The market recorded a price for 21K gold at 6,334 EGP/g. This represents a move of +0.30% over the last seven recorded sessions. The shift was driven by two distinct factors: the value of the metal itself and the exchange rate of the pound. The currency movement, which saw the USD/EGP rate shift to 52.20, accounted for about 54% of the price change. The remaining 46% of the movement was attributed to changes in the global gold price.
Over the last 30 recorded sessions, the price of 21K gold has stayed within a range of 5,973 EGP/g to 6,646 EGP/g. Today’s price sits at the 54th percentile of that range. Compared to the window mean of 6,320 EGP/g, today is +0.22% higher. The metal's relationship with silver also remains steady, with one gram of 24K gold equaling 66.8 grams of silver, fitting comfortably within the recent 30-session range of 65.6 to 69.2.
The buy-sell gap for 21K gold is 100 EGP per gram, representing 1.58% of the sell price. Given that the average daily move in our 30-session window is 0.88%, a round trip requires roughly 1.8 average days of movement to break even before factoring in any shop workmanship fees. Today's recorded buy-back price offered by shops is 6,234 EGP/g.
If you are considering a transaction today, note that the buy-sell gap is 100 EGP per gram. This means that after buying a piece at 6,334 EGP/g, you would need the market price to rise by more than the 1.58% spread just to reach the point where a shop would buy it back at the price you paid. Workmanship fees added by jewelers will further increase the total cost of any new gold jewelry. Assess your personal timeline for holding the gold against these costs.
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 6,334 EGP — the figure we recorded for 2026-09-16, 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 1.53% on the previous session, in the middle part of its trailing 30-session range of 5,973–6,646 EGP — the 54th percentile of that window. The briefing above quotes 6,260 EGP for 21K on this date, which is the level at the moment it was published; our full-day average is 6,334 EGP, 74.4 EGP (1.17%) 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 1.34% and the USD/EGP rate for 0.19%. 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 notably bigger move 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 2026-09-16 with our own earlier snapshots: 62 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 6,234 EGP, before any workmanship, which is never recovered.
| Session | 21K sell then | Change to 2026-09-16 | % | Round trip per gram |
|---|---|---|---|---|
| 2026-09-15 | 6,239 | +95.6 | +1.53% | −4.4 |
| 2026-09-14 | 6,232 | +102.9 | +1.65% | +2.9 |
| 2026-09-13 | 6,280 | +54.4 | +0.87% | −45.6 |
| 2026-09-10 | 6,307 | +27.5 | +0.44% | −72.5 |
| 2026-09-09 | 6,311 | +23.1 | +0.37% | −76.9 |
| 2026-09-08 | 6,308 | +26.0 | +0.41% | −74.0 |
| 2026-09-07 (7 back) | 6,315 | +19.1 | +0.30% | −80.9 |
| 2026-09-06 | 6,332 | +2.5 | +0.04% | −97.5 |
| 2026-09-03 | 6,353 | −18.1 | −0.28% | −118.1 |
| 2026-09-02 | 6,236 | +98.1 | +1.57% | −1.9 |
| 2026-09-01 | 6,281 | +53.5 | +0.85% | −46.5 |
| 2026-08-31 | 6,335 | −0.9 | −0.01% | −100.9 |
| 2026-08-30 | 6,327 | +7.2 | +0.11% | −92.8 |
| 2026-08-27 (14 back) | 6,478 | −143.4 | −2.21% | −243.4 |
| 2026-08-26 | 6,533 | −199.0 | −3.05% | −299.0 |
| 2026-08-25 | 6,611 | −276.5 | −4.18% | −376.5 |
| 2026-08-24 (window high) | 6,646 | −311.2 | −4.68% | −411.2 |
| 2026-08-23 | 6,604 | −269.4 | −4.08% | −369.4 |
| 2026-08-20 | 6,398 | −63.1 | −0.99% | −163.1 |
| 2026-08-19 | 6,259 | +75.3 | +1.20% | −24.7 |
| 2026-08-18 | 6,253 | +81.6 | +1.31% | −18.4 |
| 2026-08-17 | 6,261 | +73.8 | +1.18% | −26.2 |
| 2026-08-16 | 6,251 | +83.5 | +1.34% | −16.5 |
| 2026-08-13 | 6,297 | +37.8 | +0.60% | −62.2 |
| 2026-08-12 | 6,326 | +8.1 | +0.13% | −91.9 |
| 2026-08-11 | 6,282 | +52.5 | +0.84% | −47.5 |
| 2026-08-10 | 6,127 | +207.5 | +3.39% | +107.5 |
| 2026-08-09 | 6,123 | +211.0 | +3.45% | +111.0 |
| 2026-08-06 (window low) | 5,973 | +361.0 | +6.04% | +261.0 |
| 2026-08-05 | 5,917 | +417.2 | +7.05% | +317.2 |
| 2026-06-29 (first recorded) | 5,665 | +669.4 | +11.82% | +569.4 |
| Reading | 2026-09-16 | 2026-09-07 | Change | % |
|---|---|---|---|---|
| 24K sell (EGP/g) | 7,239 | 7,218 | +21.8 | +0.30% |
| 21K sell (EGP/g) | 6,334 | 6,315 | +19.1 | +0.30% |
| 18K sell (EGP/g) | 5,429 | 5,413 | +16.3 | +0.30% |
| Silver 999 (EGP/g) | 108.3 | 107.7 | +0.6 | +0.56% |
| USD/EGP | 52.20 | 50.90 | +1.3 | +2.55% |
| 24K ÷ USD/EGP, metal only | 138.7 | 141.8 | −3.1 | −2.20% |
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 2026-09-07 to 2026-09-16 that index went 141.8 to 138.7 (−2.20%) while USD/EGP went 50.90 to 52.20 (+2.55%) — about 46% global gold and 54% the pound, on a 21K headline of +0.30%.
| Measure | Value |
|---|---|
| Sessions in the window | 30, ending 2026-09-16 |
| Sessions higher than the one before | 14 |
| Sessions lower | 15 |
| Mean absolute session move | 0.88% |
| Largest move in the window | +3.22% on 2026-08-23 |
| This session's move, by size | 7th of 29 |
| Window mean 21K | 6,320 EGP |
| This session against that mean | +0.22% |
| Window 21K range | 5,973–6,646 EGP |
| Sessions recorded to date | 62, from 2026-06-29 |
Gold against silver. 24K 7,239 EGP, 999 silver 108.3 EGP: a gram of gold bought 66.8 grams of silver on 2026-09-16, against a 67.5 mean and a 65.6–69.2 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 6,260 EGP per gram to sell and 6,160 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 × 6,260 = 50,080 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.