Egypt Gold Price History — Our Own Daily Record and Analysis

Between 2026-06-29 and 2026-08-18 this site recorded 41 daily snapshots of the Egyptian retail gold market. Over that window the 21K gram moved from 5,665 to 6,253 EGP — a rise of 10.38%. It traded as high as 6,326 EGP on 2026-08-12 and as low as 5,665 EGP on 2026-06-29.

Where that move actually came from. The Egyptian gram is arithmetic — international ounce in USD, multiplied by USD/EGP, divided by 31.1035 — so a move in EGP has two possible causes, and they are worth separating. Dividing each day's 24K gram by that day's USD/EGP isolates the metal's own move: it came to +7.53%. USD/EGP over the same window moved +2.64%. Compounded, those two reproduce the 10.38% observed in EGP. So roughly 74% of the move came from global gold and 26% from the pound.

That distinction matters more than the headline number. A rise driven by the metal is a global move you share with every gold holder in the world. A rise driven by the currency is the pound losing purchasing power — the gold did not get more valuable, the money got less so. For anyone holding gold in Egypt as a hedge rather than a trade, the second is the case that was being hedged against.

Day-to-day behaviour. Of the 40 day-on-day comparisons in this window, 23 closed higher and 17 lower. The mean absolute daily move was 0.66%. The largest single-day move was +2.53% on 2026-08-11.

What this means for the spread. Egyptian dealers quote a sell price and a buy-back price. Across this window the 21K gap averaged 100.0 EGP per gram — about 1.60% of the current price. Set against a mean daily move of 0.66%, that means gold has to move in your favour for roughly 2.4 average days just to break even on a round trip, before any workmanship. It is the clearest argument in this data for treating gold as a long hold rather than a short trade, and for preferring bars and the Gold Pound — whose premiums are smaller — over worked jewellery, whose workmanship is never recovered at all.

The full recorded series

These figures are recorded daily from the Egyptian market and stored as-is; they are never rewritten retroactively. Days with no trading carry no snapshot.

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