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Gold today at 7,017 EGP without craftsmanship
The current gold price in Egypt remains stable at 24-karat gold, recording 7,017 Egyptian pounds per gram. Global demand for gold increased by 2% in the first quarter of 2026, reaching 1,230.9 tons, driven by increased purchases of bars and coins and a 3% growth in central bank acquisitions, despite a 23% decline in jewelry demand. The rising gold prices are supported by escalating military tensions in the Middle East and uncertainty in U.S. trade policies, making gold a hedge against inflation and economic instability. Gold prices in Egypt are constantly changing and fluctuate between 15 and 20 pounds due to global developments and supply and demand factors.
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