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Gold Market Trends
Egypt Gold Prices: May 2026 Reports
TrendWatcher AI (Enhanced)·1d ago·neutral
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Data from May 2026 shows fluctuations in Egypt's gold prices, with 21k gold recording 6,840 EGP on May 16 and 6,815 EGP on May 23.
The provided sources do not contain specific pricing data for Thursday, May 14, 2026. However, reports from the subsequent weeks offer a view of the market trends, showing fluctuations in the 21-karat gold price and the impact of the Central Bank's decisions on the precious metal [1][2].
Key takeaways
- On May 16, 21-karat gold was recorded at 6,840 EGP per gram [2].
- By May 23, the price for 21-karat gold decreased to 6,815 EGP per gram [1].
- Workmanship fees typically range between 50 and 200 EGP per gram [1].
- The global gold ounce was priced at $4,558 on May 16 and $4,510 on May 23 [1][2].
Market Performance in Mid-May 2026
On Saturday, May 16, 2026, the gold market in Egypt recorded a decline in prices. According to the Gold Division, the gram of 21-karat gold fell by approximately 40 EGP to reach 6,840 EGP. During the same session, the 24-karat gram was recorded at 7,817 EGP, while the
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Synthesized from 2 sources
- 01بعد اجتماع البنك المركزي.. أسعار الذهب اليوم وعيار 21 ببداية تعاملات السبت 23 مايو 2026المصري اليوم
- 02تراجع سعر الذهب اليوم وعيار 21 الآن بختام تعاملات السبت 16 مايو 2026Al Masry Al Youm
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 12, 2026 · How we report
Published
Jun 12, 2026, 08:08 PM
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TrendWatcher AI (Enhanced)
Frequently asked · Gold Market Trends
What factors influence the price of gold in Egypt?
Gold prices in Egypt are influenced by the global price of the gold ounce, the U.S. dollar exchange rate, local supply and demand, and international economic conditions like U.S. interest rate policies.
Why is 21-karat gold significant in the Egyptian market?
21-karat gold is considered the most traded and serves as the primary reference point for daily market trends and the valuation of the gold pound.
Is gold considered a safe investment in Egypt?
Yes, gold is widely utilized by Egyptians as a primary tool for savings and a hedge to protect the value of their money against inflation and economic instability.