Gold prices surge in Egypt today, Tuesday, 31 March, 2026

Gold prices in Egypt rose sharply on Tuesday as investors globally sought safe-haven assets amid escalating geopolitical tensions in the Middle East involving Israel, the United States, and Iran.

By 16:38 Cairo time (14:38 GMT), 24-carat gold was trading at 8,211.5 Egyptian pounds per gram, up 457.25 pounds, or 5.90 per cent, from Monday’s 7,754.25 pounds. Other grades recorded similar declines:

Metal 31 March (EGP) 30 March (EGP) Change (EGP) Change %
24-carat 8211.5 7754.25 457.25 5.90
21-carat 7185 6785 400.00 5.90
18-carat 6158.5 5815.75 342.75 5.89
Gold Pound 57480 54280 3,200.00 5.90

 

Gold prices in Egypt typically mirror global bullion trends while also reflecting local supply and demand conditions and fluctuations in the Egyptian pound.

On international markets, gold was trading at $4,612.84 per ounce, while the Egyptian pound was quoted at 54.6366 per US dollar.

Attribution: Amwal Al Ghad English

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