Gold prices in Egypt fall even as Mideast tensions persist – Thursday, 5 Mar, 2026
Gold prices in Egypt fell on Thursday, bucking the usual safe-haven demand amid ongoing tensions in the Middle East involving Israel, the United States, and Iran.
By 15:42 Cairo time (13:42 GMT), 24-carat gold was trading at 8,200 Egyptian pounds per gram, down 131.5 pounds or 1.58 per cent from Wednesday’s 8,331.5 pounds. Other gold grades also recorded similar declines:
| Metal | 05 March (EGP) | 04 March (EGP) | Change (EGP) | Change % |
| 24-carat | 8200 | 8331.5 | -131.50 | -1.58 |
| 21-carat | 7175 | 7290 | -115.00 | -1.58 |
| 18-carat | 6150 | 6248.5 | -98.50 | -1.58 |
| Gold Pound | 57400 | 58320 | -920.00 | -1.58 |
Gold prices in Egypt are usually influenced by global bullion trends, local supply and demand, and fluctuations in the Egyptian pound.
(1 United States dollar = 50.1918 Egyptian pounds)
Attribution: Amwal Al Ghad English