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Arab News Today

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    • Gold price in Lusail
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    • Gold price in Riyadh
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Egypt Gold Prices Close the Week Lower: Full Weekly Breakdown

By Arab News Today
October 24, 2026 2 Min Read
0

This October 24, 2026 report provides a gold rate comparison in Egypt across the principal listed carats and the ounce.

Gold finished the measured period below its opening level. Weekly market summary: Open 222,428.17 EGP → Close 220,807.15 EGP, High 225,709.18 EGP, Change -0.73%.

Gold Rate Comparison in Egypt

Open 222,428.17 EGP Close 220,807.15 EGP
High 225,709.18 EGP Low 219,117.91 EGP
Average 222,555.29 EGP Change -0.73%

How the week unfolded

October 21, 2026

Open 222,428.17 EGP, high 225,196.99 EGP, low 221,926.81 EGP, close 225,196.99 EGP, change +1.24%. Gold Resale Quotes in Egypt: What Sellers Should Check

October 22, 2026

Open 225,709.18 EGP, high 225,709.18 EGP, low 219,558.43 EGP, close 219,558.43 EGP, change -2.73%. Egypt Gold Ounce Price: Ounce and Gram Comparison

October 23, 2026

Open 219,117.91 EGP, high 222,331.11 EGP, low 219,117.91 EGP, close 220,807.15 EGP, change +0.77%. Ounce and Gram Gold Rates in Egypt: Current Reference

Historical comparison

The strongest historical reference in the comparison window was 225,709.18 EGP on 2026-10-22. Egypt Gold Ounce Price: Ounce and Gram Comparison

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 219,117.91 EGP — High 225,709.18 EGP.

Did gold finish higher or lower?

The closing level changed by -0.73% from the opening level.

Data and linked reports

This article was generated from the GMIP historical archive for Egypt, covering 2026-10-19 to 2026-10-23.

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.

What the rates mean for buyers

The table is a market reference expressed in EGP, not a binding retail offer. The final price in Egypt can vary with availability, product premiums, taxes and dealer policy.

Request an itemised purchase quote and a separate resale quote. Confirm net weight, purity, invoice details and any testing or handling conditions.

Metal value versus the final product price

The saved reading estimates the underlying gold value. A finished product can cost more because of design, fabrication, packaging, certification, storage, delivery and dealer margin.

Use the same quote time and unit of weight when comparing sellers, and check whether tax or delivery is included.

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.

Gold price reference page

Last updated: October 24, 2026 7:10 AM. Figures depend on configured price and exchange-rate sources, and local prices may vary.

Author

Arab News Today

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