Egypt gold price for 21-karat drops to 6,110 pounds per gram
First published Wed, Oct 7
The price of 21-karat gold in Egypt fell to 6,110 Egyptian pounds per gram on Wednesday, 7 October 2026, a decline outlets described as sudden and strong. The drop came as the dollar rose, which limited how far local gold prices could fall.1234
By evening trading, gold prices in Egypt continued to decline, with the 21-karat price falling further after the initial drop. Coverage tracked the 21-karat gram price through the day's trading sessions.345
On 8 October, reports described gold falling back to 5,000 pounds per gram and a sudden drop of 2,400 pounds, with 21-karat gold reaching its lowest levels. The 21-karat price also declined at the start of evening trading in the goldsmiths' market.678
One report dated its gold price update to 4 February 2026 and described a sudden decline in the 21-karat price, while another asked what the 21-karat gram price had reached.910
