Gold prices in Egypt dip despite Mideast tensions – Tuesday, 03 Mar, 2026
Gold prices in Egypt fell on Tuesday, 3 March, despite ongoing tensions in the Middle East involving Israel, the United States, and Iran, which have generally driven investors towards safe-haven assets, according to official pricing data.
By 16:01 Cairo time (14:01 GMT), 24-carat gold was trading at 8,428.5 Egyptian pounds per gram, down 154.5 pounds, or 1.8 per cent, from 8,583 pounds on Monday. Other gold grades showed similar declines:
| Metal | 03 March (EGP) | 02 March (EGP) | Change (EGP) | Change % |
| 24-carat | 8428.5 | 8583 | -154.50 | -1.80 |
| 21-carat | 7375 | 7510 | -135.00 | -1.80 |
| 18-carat | 6321.5 | 6437 | -115.50 | -1.79 |
| Gold Pound | 59000 | 60080 | -1,080.00 | -1.80 |
Gold prices in Egypt typically reflect global bullion trends, fluctuations in the Egyptian pound, and local supply-demand dynamics.
(1 United States dollar = 49.9238 Egyptian pounds)
Attribution: Amwal Al Ghad English