Gold Prices in Egypt Today, january 19, 2026
Gold prices in Egypt are closely tied to global market movements, influenced by factors such as interest rate changes and geopolitical tensions, which significantly impact demand for the precious metal. As of today, January 19, 2026, here’s a detailed look at the current gold prices in Egypt.
Current Gold Prices in Egypt (January 19, 2026)
Here’s a breakdown of gold prices per gram for different karats, as of today’s trading:
- 24 Karat: 7,028 Egyptian Pounds
- 21 Karat: 6,150 egyptian Pounds
- 18 Karat: 5,271 Egyptian Pounds
- 14 Karat: 4,103 Egyptian Pounds
- gold Pound (24K): 49,200 egyptian Pounds
Please note: Thes prices do not include manufacturing costs, the hallmark fee, or taxes. prices are subject to change throughout the day.
Factors Influencing Gold Prices in Egypt
Several factors contribute to the fluctuations in gold prices within Egypt:
- Global Market Trends: International gold prices, driven by economic indicators and investor sentiment, have a direct impact on the Egyptian market. Kitco provides up-to-date global gold prices.
- Exchange Rate: The exchange rate between the egyptian Pound (EGP) and the US Dollar (USD) plays a crucial role.A weaker EGP generally leads to higher gold prices in local currency. The Central Bank of egypt publishes daily exchange rates.
- Interest Rates: Changes in interest rates can affect gold’s appeal as an investment. Higher interest rates can make other assets more attractive, potentially decreasing demand for gold.
- Geopolitical Events: Global political and economic instability often drives investors towards safe-haven assets like gold, increasing its price.
- Local Demand: Seasonal demand, such as during weddings and religious holidays, can also influence gold prices in Egypt.
Understanding Gold Karats
Gold karats indicate the purity of the gold:
- 24 Karat: Pure gold (99.9% gold content).
- 21 Karat: 87.5% gold content.
- 18 Karat: 75% gold content.
- 14 Karat: 58.3% gold content.
Key Takeaways
- Gold prices in Egypt are heavily influenced by global market conditions.
- The EGP/USD exchange rate is a significant factor in determining local gold prices.
- Different gold karats have varying prices based on their purity.
- Prices quoted do not include additional costs like manufacturing and taxes.
Disclaimer: This information is for general knowledge purposes only and should not be considered financial advice. always consult wiht a financial professional before making any investment decisions.
