How are gold prices determined?

Gold prices are set globally based on supply and demand in international commodity markets, influenced by USD exchange rates.

What's the difference between gold karats?

24K is pure gold. Each karat represents the purity ratio. 21K contains 87.5% pure gold.

What's the difference between buy and sell prices?

Sell price is what buyers pay to dealers. Buy price is what dealers pay when purchasing from you. The difference is the dealer's margin.

Do prices include making charges?

No, displayed prices are per gram only, excluding making charges which vary by jewelry type.

What is the gold dollar rate?

The gold dollar rate is the USD/EGP rate used by the gold market in Egypt, which may differ from the official bank rate.

Gold & Silver Prices Today in Egypt

Live gold & silver prices with buy/sell rates — direct from the Egyptian market

🏪 Gold Dollar54.4 EGP

Karat	Sell (EGP/g)	Buy (EGP/g)
24K	8,127	8,183
22K	7,448	7,501
21K	7,110	7,160
18K	6,094	6,137
14K	4,733	4,773
Gold Pound	56,880	57,280

Last update: 10:04:46 AM(eg-market)

Prices from Egyptian market. May vary by region and dealer.

🏅 Gold Bar Prices(24K — approximate)

Bar	Weight	Price (EGP)
1 Gram Bar	1 g	٨٬١٢٧
5 Gram Bar	5 g	٤٠٬٦٣٥
10 Gram Bar	10 g	٨١٬٢٧٠
20 Gram Bar	20 g	١٦٢٬٥٤٠
50 Gram Bar	50 g	٤٠٦٬٣٥٠
100 Gram Bar	١٠٠ g	٨١٢٬٧٠٠
1 Ounce Bar	31.1 g	٢٥٢٬٧٧٨
500 Gram Bar	٥٠٠ g	٤٬٠٦٣٬٥٠٠
1 Kilo Bar	١٬٠٠٠ g	٨٬١٢٧٬٠٠٠

Raw metal prices only · excludes making charges and dealer margins

🔔 Price Alert

Weight (grams)

Karat

🥈 Silver Price Today in Egypt

Purity	Sell (EGP/g)	Buy (EGP/g)
Silver 999 — Pure	60.88	61.49
Silver 925 — Sterling	56.37	56.93
Silver 900	54.85	55.39
Silver 800	48.76	49.24

Silver 925 (Sterling) — International Jewelry Standard

925 silver contains 92.5% pure silver, the most popular for jewelry due to its durability and distinctive shine.

Difference between 999 and 925 Silver

999 silver is pure silver used in bars and investment. 925 is harder due to 7.5% copper alloy, making it suitable for daily wear.

Gold Value

Total Value

EGP

Sell Price/Gram EGP

Buy Price/Gram EGP

Weight g

Gold Prices: Understanding the Market and Calculating Your Gold's Value

Gold has been one of humanity's most enduring stores of value. In Egypt and the Arab world, it holds special cultural significance as a savings vehicle, a wedding gift, and a hedge against currency depreciation. Understanding how gold is priced helps you make smarter buying and selling decisions.

How Is Gold Priced?

The global gold price is set in international bullion markets (notably the London Bullion Market) and quoted in US dollars per troy ounce (1 troy ounce = 31.1 grams). Key price drivers include:

Central bank interest rate decisions
Global inflation rates
Geopolitical tensions
US dollar strength or weakness
Industrial and jewelry demand from large markets such as India and China

The Difference Between Gold Karats

Pure 100% gold is too soft for practical jewelry use, so it is alloyed with other metals:

**24-karat (999.9):** Closest to pure gold, used for bullion bars and coins
**21-karat (875):** Most common in Egypt and the Gulf for jewelry, contains 87.5% gold
**18-karat (750):** Popular in European jewelry, contains 75% gold
**14-karat (585):** Less common in the region, 58.5% gold

In Egypt, 21-karat gold is preferred because it balances quality, durability, and relative affordability.

How to Calculate the Value of Your Gold

**Steps:** 1. Get today's price per gram of 24-karat gold 2. Multiply by the karat ratio of your gold (21/24 = 0.875 for 21-karat) 3. Multiply by the number of grams you own

**Example:** If 24-karat gold is EGP 4,000/gram and you own 20 grams of 21-karat gold: - 21-karat price per gram = 4,000 × 0.875 = EGP 3,500 - Value of 20 grams = 3,500 × 20 = **EGP 70,000**

Making Charges and Dealer Markup

The price you pay when buying gold jewelry is higher than the raw metal price due to: - Making/fabrication charges (ranging from EGP 50 to 500+ per gram depending on design complexity) - Dealer profit margin

Gold as an Investment

Gold protects against inflation over the long term but generates no periodic income unlike bank deposits or certificates. The optimal investment strategy combines gold holdings with income-producing instruments for a balanced portfolio.

FAQ

Why do Egyptians prefer 21-karat gold specifically?▼

21-karat strikes the ideal balance: it has a high gold content (87.5%) while being durable enough for daily wear. 24-karat is beautiful but scratches easily; 18-karat is harder but contains less gold. The Egyptian market has historically been built around 21-karat, making it easy to buy and resell.

How do I calculate my gold's value if I want to sell it?▼

Get today's price per gram for your karat from a reliable source such as the exchange or a jewelers' association. Multiply the price by the number of grams. Note that dealers buy at a lower price than they sell (buy-sell spread), and making charges are not recovered upon resale.

Is gold a good investment right now?▼

Gold is an excellent long-term hedge against inflation and currency devaluation. However, it generates no periodic income and its price can fall in the short term. For investors who want a fixed guaranteed return, bank certificates may outperform gold when interest rates are high.

What is the difference between the global and local gold price?▼

The global price is quoted in US dollars per troy ounce. The local price is affected by the local currency's exchange rate against the dollar, plus import duties, dealer commissions, and local supply-demand dynamics. A stronger dollar or weaker local currency raises the local gold price even if the global price is unchanged.

How can I verify the weight and purity of gold I purchase?▼

Ask the dealer to weigh the piece in front of you on a certified scale. Ensure the weight includes only the gold and not stones or attachments being charged at the gold price. Always keep the receipt stating the weight, karat, and price paid.

Data from TradingView

Results are approximate and for educational purposes only, not financial or legal advice. Consult a certified financial advisor before making financial decisions.