
. Gold prices in Egypt rose on Friday, February 27, 2026, tracking gains in the global market. The price of 21-karat gold, the most traded in the local market, reached 6,975 Egyptian pounds, while the gold pound registered 55,800 Egyptian pounds.
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Here’s a breakdown of gold prices in Egypt today:
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24-karat gold price: 7,971.5 Egyptian pounds
22-karat gold price: 7,307.25 Egyptian pounds
21-karat gold price: 6,975 Egyptian pounds
18-karat gold price: 5,978.5 Egyptian pounds
14-karat gold price: 4,650 Egyptian pounds
Gold pound price: 55,800 Egyptian pounds
Gold is on track to achieve gains for the seventh consecutive month, rising by more than 6% in February. This increase has been fueled by uncertainty surrounding U.S. Tariffs and tensions between the United States and Iran, bolstering the precious metal’s appeal as a safe haven for investors.
The upward momentum followed progress made on Thursday, February 26, in Geneva regarding Iran’s nuclear program, as reported by Omani mediators. However, negotiations concluded without a breakthrough that would preclude potential U.S. Strikes, amid a significant military buildup in the region. This geopolitical uncertainty continues to drive demand for gold as a store of value.
Globally, April delivery gold futures rose 0.3% to $5,209.20 per ounce. Meanwhile, the U.S. Dollar continued its monthly gains, increasing by 0.6%. Signals of a more hawkish stance from the Federal Reserve have increased the cost of gold priced in dollars for other currency holders.
