Gold Price in Egypt (EGP)
What gold actually costs in Egypt
Real dealer prices — not spot converted to EGP — with the premium over international spot as a first-class field.
Egypt dealer gold prices are tracked from 4 sources, priced in EGP, with the premium over international spot computed per quote.
Dealer quotes
| Source | Brand | Product | Sell | Buyback | Premium |
|---|---|---|---|---|---|
| isagha_eg | — | retail 18k | 5,022.75 | 4,971.50 | — |
| isagha_eg | — | retail 21k | 5,860.00 | 5,800.00 | — |
| isagha_eg | — | retail 22k | 6,139.00 | 6,076.25 | — |
| isagha_eg | — | retail 24k | 6,697.25 | 6,628.50 | — |
What is premium over spot?
Premium over spot is the percentage gap between a dealer's quoted sell price and the international spot price, converted to EGPat the live exchange rate. It captures dealer margin, import costs, refining, and local demand — the reason two dealers in the same city can quote different prices for the same purity of gold. A higher premium means you're paying more above the raw metal value; this API surfaces it as a first-class field (premium_over_spot_bps) for every quote instead of leaving buyers to compute it themselves.
Gold in Egypt
21-karat gold — known locally as ayar 21 — is Egypt's dominant retail standard, distinct from the 22K/24K conventions common elsewhere in the region. A floating, historically depreciating pound has made gram gold and gold-pound coins a primary household inflation hedge, and this feed sources a marketplace-published carat ladder to track the domestic premium over international spot.
Convention: 21K-dominant karat ladder (locally 'ayar 21') with 24K and 18K also quoted, per gram.
Other countries
Frequently asked
Why is 21K the standard karat in Egypt?
21-karat gold (ayar 21, عيار 21) is the dominant purity in Egyptian jewellery markets, containing 87.5% pure gold — distinct from the 22K standard common in South Asia and the Gulf.Why does gold trade at a premium in Egypt?
The Egyptian pound is a floating currency that has devalued sharply since 2022; because gold is priced globally in USD, EGP gold prices rise as the pound weakens, and dealer premiums over the converted international spot reflect that dynamic plus local market conditions.