Cairo – Egyptian gold markets experienced a period of stabilization Saturday, February 7, 2026, after a recent uptick in prices, offering a brief respite to both investors and consumers. The precious metal remains a key indicator of economic sentiment in the region, and a popular hedge against inflation for Egyptians, particularly with the gold pound’s continued appeal as a savings vehicle. This report details current gold prices across various karats, weights, and international benchmarks, providing a comprehensive overview for those tracking the market.
Gold prices in Egypt stabilized on Saturday, February 7, 2026, following a rise in the precious metal’s value at the close of trading the previous day. The price of 21-karat gold – the most widely traded – increased by 20 Egyptian pounds in local gold shops, according to reports from the Egyptian market.
The stabilization coincides with a steady global gold price, remaining at elevated levels, as reported by the Precious Metals and Jewelry Division of the Federation of Chambers of Commerce.
Current Price of 21-Karat Gold
Table of Contents
21-karat gold maintained its price after yesterday’s increase, reaching 6,620 Egyptian pounds per gram. This karat is the most commonly traded in the Egyptian market for both purchase and investment purposes.
Today’s Gold Prices in Egypt (Local Shops)
- 24-karat gold – the highest purity – is currently trading at 7,565 Egyptian pounds per gram.
- 18-karat gold is selling for 5,674 Egyptian pounds per gram.
Current Price of the Gold Pound
The price of the gold pound, consisting of 8 grams of 21-karat gold, is 52,960 Egyptian pounds today. The gold pound is a popular choice for medium-term savings.
Global Gold Price Today (USD)
Globally, gold prices have remained stable, currently trading at:
- $4,959 per ounce.
Markets are closely watching for any shifts in global monetary policy that could influence gold’s trajectory. The stability reflects investor caution amid broader economic uncertainty.
Today’s Gold Bar Prices in Egypt
The following table details current gold bar prices based on the latest market updates:
| Bar Weight | Price in Egyptian Pounds |
|---|---|
| 1 gram bar | 7,648 pounds |
| 2.5 gram bar | 19,122 pounds |
| 5 gram bar | 38,669 pounds |
| 10 gram bar | 76,489 pounds |
| 31.10 gram bar | 240,338 pounds |
| Quarter-kilogram bar | 1,920,980 pounds |
Prices include manufacturing and hallmark costs and may vary slightly between vendors.
Analysis of Today’s Gold Market Movement
Current indicators suggest:
- Local price stability following a brief surge.
- A direct correlation with the price of an ounce of gold on the global market.
- Continued demand for gold bars and the gold pound as savings tools.
Egyptian gold prices are expected to remain volatile in the coming period, influenced by developments in global markets. The market’s sensitivity to international economic factors is a key consideration for investors.
Check back daily for the latest 21-karat gold price and updates on gold, bars, and the gold pound.
