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Gold prices in Egypt experienced a slight decline today, Saturday, October 17, 2026, with the price of a gram decreasing by about 5 Egyptian pounds compared to yesterday's rates. The price of 24-karat gold has become 7,143 EGP for selling and 7,120 EGP for buying. For 21-karat gold, the selling price is 6,250 EGP and the buying price is 6,230 EGP. The sovereign gold pound is priced at 50,000 EGP for selling and 49,840 EGP for buying. The decline in global prices reflects downward pressure on the Egyptian market, as investors continue to buy gradually. Experts advise against haphazard selling and recommend monitoring economic indicators to ensure effective investing.
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