Gold prices in Egypt ease on Wednesday, 18 March, 2026
Gold prices in Egypt slipped on Wednesday, even as investors worldwide continued to seek safe-haven assets amid ongoing geopolitical tensions in the Middle East involving Israel, the United States and Iran.
By 15:09 Cairo time (13:09 GMT), 24-carat gold was trading at 8,257.25 Egyptian pounds per gram, down 228.25 pounds, or 2.69 per cent, from Tuesday’s 8,485.5 pounds. Other grades recorded similar declines:
| Metal | 18 March (EGP) | 17 March (EGP) | Change (EGP) | Change % |
| 24-carat | 8257.25 | 8485.5 | -228.25 | -2.69 |
| 21-carat | 7225 | 7425 | -200.00 | -2.69 |
| 18-carat | 6192.75 | 6364.5 | -171.75 | -2.70 |
| Gold Pound | 57800 | 59400 | -1,600.00 | -2.69 |
Gold prices in Egypt typically mirror global bullion market movements, while also reflecting local supply, demand conditions, and fluctuations in the Egyptian pound.
On international markets, gold was trading at $4,866.09 per ounce, while the official exchange rate stood at 52.4081 pounds per US dollar.
Attribution: Amwal Al Ghad English