Egyptian gold prices retreat across key karat categories
Egyptian gold prices moved lower on October 12, with international gold quoted at $4,165.4 for buying and 24-karat metal at EGP 7,078.7 in Egypt.
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what happened
Arab Finance reported that Egyptian gold prices fell on Monday, October 12. At 3:48 PM, the international ounce was listed at $4,165.4 on the buying side and $4.164.9 on the selling side, based on figures from Dahab Masr.
The 24-karat category stood at EGP 7,078.7 for purchases and EGP 6,981.21 for sales. Quotes for 21-karat gold declined to EGP 6,194.48 and EGP 6,109.17, respectively. The 18-karat category increased to EGP 5,309.55 and EGP 5,236.43, while a gold coin was priced at EGP 49,555.84 to buy and EGP 48,873.36 to sell.
why it matters
The report shows how international bullion quotes were reflected in Egypt’s local market, with movements differing among gold purities and the coin category.
instruments
sources
- ZAWYA: Gold prices in Egypt fall on October 12 — Newsmetry API, 13 October 2026 at 06:19 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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