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Egypt Gold Prices Today: 21K at EGP 6700 – February 16, 2024

by Michael Brown - Business Editor
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Gold prices in Egypt remained stable during trading on Friday, February 13, 2026, with 21-karat gold reaching 6,700 Egyptian pounds, while the price of a gold pound registered 53,600 Egyptian pounds. The stability comes as global markets await key economic data releases.

24-karat gold was valued at 7,657.25 Egyptian pounds, 22-karat at 7,019 Egyptian pounds, and 18-karat at 5,742.75 Egyptian pounds. 14-karat gold sold for 4,466.75 Egyptian pounds. These prices reflect ongoing demand within the local market.

Markets are closely monitoring the upcoming release of U.S. Inflation data later today, as it is expected to have a direct impact on expectations for interest rates and global gold movements.

The precious metal experienced significant downward pressure globally during yesterday’s session, falling approximately 3% to a weekly low after breaching the $5,000 per ounce barrier, coinciding with a sell-off in equity markets. This recent volatility underscores the sensitivity of gold prices to broader economic trends and investor sentiment.

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