Gold finished the measured period below its opening level. Weekly market summary: Open 220,955.78 EGP → Close 217,348.08 EGP, High 228,562.43 EGP, Change -1.63%.
Gold Ounce Price in Egypt: Latest Details
| Open | 220,955.78 EGP | Close | 217,348.08 EGP |
|---|---|---|---|
| High | 228,562.43 EGP | Low | 217,348.08 EGP |
| Average | 225,110.12 EGP | Change | -1.63% |
How the week unfolded
October 26, 2026
Open 220,955.78 EGP, high 223,603.18 EGP, low 220,955.78 EGP, close 223,592.03 EGP, change +1.19%. Gold Ounce Price in Egypt: Latest EGP Reading
October 27, 2026
Open 225,737.68 EGP, high 228,562.43 EGP, low 225,495.72 EGP, close 228,562.43 EGP, change +1.25%. Gold Buyback Rates in Egypt: Latest Market Reference
October 28, 2026
Open 228,528.67 EGP, high 228,528.67 EGP, low 227,004.54 EGP, close 227,004.54 EGP, change -0.67%. Egypt Gold Retail Price: Metal Value and Buyer Costs
October 29, 2026
Open 228,227.41 EGP, high 228,227.41 EGP, low 225,901.49 EGP, close 226,271.88 EGP, change -0.86%. Retail Gold Price in Egypt: Latest Ounce and Carat Reference
October 30, 2026
Open 224,986.76 EGP, high 224,986.76 EGP, low 217,348.08 EGP, close 217,348.08 EGP, change -3.40%. Retail Gold Price in Egypt: Latest Ounce and Carat Reference
Historical comparison
The strongest historical reference in the comparison window was 228,562.43 EGP on 2026-10-27. Gold Buyback Rates in Egypt: Latest Market Reference
Weekly Gold Pullback in Egypt: High, Low and Closing Analysis
Scenarios for the coming week
Upside scenario
A sustained move above 228,562.43 EGP would strengthen the positive scenario, while confirmation should come from later readings.
Downside scenario
A move below 217,348.08 EGP would weaken the current range and make the lower scenario more relevant.
Range scenario
Prices may remain between the weekly high and low until a clearer move develops.
These scenarios are conditional market references, not a guarantee of future prices.
What this means for buyers and sellers
Reference prices describe the metal value. Retail quotes may differ because of craftsmanship, taxes, premiums, dealer margins and buyback conditions.
Frequently asked questions
What was the weekly gold range?
Low 217,348.08 EGP — High 228,562.43 EGP.
Did gold finish higher or lower?
The closing level changed by -1.63% from the opening level.
Data and linked reports
This article was generated from the GMIP historical archive for Egypt, covering 2026-10-26 to 2026-10-30.
Understanding the local price
The displayed figure is a metal-value reference before product premiums, fabrication, taxes and dealer margins.
Compare like-for-like products by purity, weight, quote time and buyback terms before making a decision.
How to compare the current reading
Compare the latest figure with an earlier reading from the same source and a similar quote time. Separate the movement in metal value from fabrication charges, taxes and retail margins.
Match purity, weight, product type, delivery method and buyback terms. Bars, coins and finished jewellery may carry different premiums even when their gold content is similar.
Frequently asked questions
How is the gold price calculated in Egypt?
The calculation starts with the global ounce price and the exchange rate to EGP, then applies the campaign’s local market settings.
When are gold prices updated?
Prices follow the campaign schedule, while actual dealer quotes may vary during the day because of premiums, taxes and retail margins.
Last updated: November 1, 2026 8:31 AM. Figures depend on configured price and exchange-rate sources, and local prices may vary.
