Gold Prices Remain Stable Amid Local Currency Adjustments

Tamer Elgamil ·

The local market recorded 21K gold at 6,329 EGP/g as currency fluctuations continue to influence retail pricing levels.

The local market recorded 21K gold at 6,329 EGP/g as currency fluctuations continue to influence retail pricing levels.

Market movement drivers

Gold prices saw a modest change over the previous seven recorded sessions, with 21K gold rising by 0.32% to reach 6,329 EGP/g. This period was characterized by a shift in the local exchange rate, which moved by 2.16% against the dollar, reaching 52.10. Meanwhile, the underlying metal value experienced a decline of 1.80%.

Market positioning

Looking at our data from the past 30 sessions, 21K gold currently sits at 6,329 EGP/g, which is very close to the window mean of 6,332 EGP/g. With a 21K range between 6,123 and 6,646 EGP/g, today's price occupies the 39th percentile. The relationship between gold and silver remains steady, as one gram of 24K gold is currently equal to 66.6 grams of silver, compared to a window mean of 67.4.

Trading and buy-back costs

When considering a purchase, note that the difference between the sell price and the buy-back price for 21K gold is 100 EGP per gram. This represents a 1.58% cost relative to the purchase price. Given the average daily move of 0.80%, a buyer would need roughly 2.0 days of market movement to cover this initial gap before accounting for any craftsmanship fees added by the jeweler.

The short version

  • The 21K gold sell price was recorded at 6,329 EGP/g.
  • The buy-back price offered by shops is 6,229 EGP/g.
  • The USD/EGP exchange rate is 52.10.
  • The 24K gold price reached 7,233 EGP/g.

If you are transacting today

If you are looking at jewelry today, remember that the 100 EGP per gram gap between the selling price and the buy-back price is a cost you absorb immediately. Because the market move on this day was only 0.1 times the average session move, prices have been relatively quiet. Check the 18K price of 5,425 EGP/g or 21K price of 6,329 EGP/g against your budget, but ensure you factor in the shop's labor charges, which are separate from these metal prices.

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.

This day in context

Where this day sat. At 6,329 EGP — the figure we recorded for 2026-09-17, 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 0.09% on the previous session, in the lower-middle part of its trailing 30-session range of 6,123–6,646 EGP — the 39th percentile of that window. The briefing above quotes 6,300 EGP for 21K on this date, which is the level at the moment it was published; our full-day average is 6,329 EGP, 28.8 EGP (0.46%) 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 0.10% and the USD/EGP rate for -0.19%. On this date the larger contribution came from the Egyptian pound. Against a mean daily move of 0.80% 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 2.0 days of favourable movement to recover — before any workmanship, which is never recovered at all.

How this day compares

The tables below compare 2026-09-17 with our own earlier snapshots: 63 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.

Earlier sessions measured against 2026-09-17

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 6,229 EGP, before any workmanship, which is never recovered.

Session21K sell thenChange to 2026-09-17%Round trip per gram
2026-09-166,334−5.6−0.09%−105.6
2026-09-156,239+90.0+1.44%−10.0
2026-09-146,232+97.3+1.56%−2.7
2026-09-136,280+48.8+0.78%−51.2
2026-09-106,307+21.9+0.35%−78.1
2026-09-096,311+17.5+0.28%−82.5
2026-09-08 (7 back)6,308+20.4+0.32%−79.6
2026-09-076,315+13.5+0.21%−86.5
2026-09-066,332−3.1−0.05%−103.1
2026-09-036,353−23.7−0.37%−123.7
2026-09-026,236+92.5+1.48%−7.5
2026-09-016,281+47.9+0.76%−52.1
2026-08-316,335−6.5−0.10%−106.5
2026-08-30 (14 back)6,327+1.6+0.03%−98.4
2026-08-276,478−149.0−2.30%−249.0
2026-08-266,533−204.6−3.13%−304.6
2026-08-256,611−282.1−4.27%−382.1
2026-08-24 (window high)6,646−316.8−4.77%−416.8
2026-08-236,604−275.0−4.16%−375.0
2026-08-206,398−68.7−1.07%−168.7
2026-08-196,259+69.7+1.11%−30.3
2026-08-186,253+76.0+1.22%−24.0
2026-08-176,261+68.2+1.09%−31.8
2026-08-166,251+77.9+1.25%−22.1
2026-08-136,297+32.2+0.51%−67.8
2026-08-126,326+2.5+0.04%−97.5
2026-08-116,282+46.9+0.75%−53.1
2026-08-106,127+201.9+3.30%+101.9
2026-08-09 (window low)6,123+205.4+3.35%+105.4
2026-08-065,973+355.4+5.95%+255.4
2026-06-29 (first recorded)5,665+663.8+11.72%+563.8

Every reading against seven sessions earlier

Reading2026-09-172026-09-08Change%
24K sell (EGP/g)7,2337,210+23.2+0.32%
21K sell (EGP/g)6,3296,308+20.4+0.32%
18K sell (EGP/g)5,4255,407+17.4+0.32%
Silver 999 (EGP/g)108.6108.4+0.2+0.18%
USD/EGP52.1051.00+1.1+2.16%
24K ÷ USD/EGP, metal only138.8141.4−2.5−1.80%

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 2026-09-08 to 2026-09-17 that index went 141.4 to 138.8 (−1.80%) while USD/EGP went 51.00 to 52.10 (+2.16%) — about 45% global gold and 55% the pound, on a 21K headline of +0.32%.

The trailing 30 sessions

MeasureValue
Sessions in the window30, ending 2026-09-17
Sessions higher than the one before13
Sessions lower16
Mean absolute session move0.80%
Largest move in the window+3.22% on 2026-08-23
This session's move, by size26th of 29
Window mean 21K6,332 EGP
This session against that mean−0.05%
Window 21K range6,123–6,646 EGP
Sessions recorded to date63, from 2026-06-29

Gold against silver. 24K 7,233 EGP, 999 silver 108.6 EGP: a gram of gold bought 66.6 grams of silver on 2026-09-17, against a 67.4 mean and a 65.6–68.7 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.

Frequently Asked Questions

How much is 21K gold in Egypt today (Thursday 17 September 2026)?

21K gold is about 6,300 EGP per gram to sell and 6,200 EGP buy-back at publication time. Shop prices add workmanship on top of the raw metal value.

How much is the Egyptian gold pound today?

The gold pound weighs 8 grams of 21K, so its raw value today is 8 × 6,300 = 50,400 EGP, before workmanship, stamping or tax.

Why is the buy price 100 EGP lower than the sell price?

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.

Does the international ounce set the Egyptian price?

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.

Sources and references

  1. Egypt Gold Price live market feed — Per-karat gram levels, local ounce and USD/EGP captured at publication time.
  2. Egypt Gold Price 30-minute sampling & daily average — Yesterday's averaged snapshot used for the day-over-day comparison.