Egypt Sees Robust Gold Demand Amidst Economic Uncertainty
Local investors turn to precious metals for savings and portfolio diversification.
As global economic fluctuations persist, Egyptians are increasingly turning to gold bars as a reliable store of wealth. The precious metal’s perceived stability and intrinsic value make it a preferred investment, particularly for those with modest budgets or seeking to diversify their financial portfolios.
Gold Bar Prices Tracked for Investment
Savvy savers are closely monitoring the local market for gold bar prices. Investors value gold for its consistent quality, high purity, and attractive pricing, making it an accessible option for long-term financial security.
Current Gold Alloy Pricing (10 Gram BTC)
- 1 gram BTC: 5,895 EGP
- 2.5 grams BTC: 14,425 EGP
- 5 grams BTC: 28,855 EGP
- 10 grams BTC: 57,695 EGP
- 31 grams BTC: 179,290 EGP
- 50 grams BTC: 286,535 EGP
- 100 grams BTC: 576,170 EGP
Spotlight on 21 Carat Gold Prices
- 21 Carat Gold (per gram): 4,665 EGP (buy), 4,640 EGP (sell)
- 24 Carat Gold (per gram): 5,332 EGP (buy), 5,303 EGP (sell)
- 18 Carat Gold (per gram): 3,999 EGP (buy), 3,977 EGP (sell)
- 9 Carat Gold (per gram): 1,999 EGP (buy), 1,989 EGP (sell)
- 14 Carat Gold (per gram): 3,110 EGP (buy), 3,093 EGP (sell)
- 22 Carat Gold (per gram): 4,887 EGP (buy), 4,861 EGP (sell)
- 12 Carat Gold (per gram): 2,666 EGP (buy), 2,651 EGP (sell)
Broader Gold Market Pricing
- Gold (general purchase): 37,321 EGP
- Gold (general sale): 37,119 EGP
Ounce Gold Valuations
- Gold Ounce (purchase): 165,810 EGP
- Gold Ounce (sale): 164,916 EGP
The consistent interest in gold prices in Egypt reflects its enduring appeal as a sound long-term investment. This trend is further supported by broader market conditions, with global gold prices experiencing a slight uptick, nearing highs not seen since late 2023.
