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Gold prices at Tuesday start 21-karat ring 5850 pounds

Gold prices at Tuesday start 21-karat ring 5850 pounds

Gold prices in Egypt remained stable at the start of Tuesday, as markets awaited movements in the global ounce and developments in the US dollar exchange rate. The price for 24-karat gold was approximately 6,686 EGP for selling and 6,628 EGP for buying. The 21-karat gold price held steady at 5,850 EGP for selling and 5,800 EGP for buying. Meanwhile, 18-karat gold traded around 5,014 EGP for selling and 4,971 EGP for buying. The craftsmanship fee for gold jewelry increased by 10% since July 2026, following an agreement between the Tax Authority and gold traders. This rise is reflected in the final prices of jewelry, with craftsmanship fees ranging between 100 and 200 EGP per gram for 24-karat gold, and between 150 and 300 EGP per gram for 21-karat gold.

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