Samia al - Faqi
I witnessed. Gold Price In Egypt, during today ' s dealings, Friday, 8 May 2026, in tandem with the global price of gold ounces falling to $4710.56, as the international markets for precious metal continue to fluctuate.
The 21 caliber gold gram, the most sold in the domestic market, recorded some Pound7025, while the gold pound price was Pound56200, with a marked decline in price movements within the Egyptian market during today ' s transactions.
Gold prices in Egypt were as follows:
Twenty-four caliber gold grams, about £8028.5,
While the price of gold calibre 22 was approximately Pound7359.5,
While the price of gold cal. 18 was recorded at approximately Pound6021.5,
As prices continue to decline in the local market
On demand, during the first quarter of 2026, Egypt ' s gold market experienced a marked decline in demand, particularly for gold entrants, as a result of the standard price rises domestically and globally, which led many consumers to reduce their purchases or move towards more liquid alternatives.
According to data from the World Gold Council, the demand for gold occupants in Egypt was about 5.2 tons during the first quarter of 2026, compared with 5.1 tons in the fourth quarter of 2025, but remains 19% on an annual basis, with the continued weakness of purchasing power.
On the other hand, the demand for plumbers and gold coins recorded about 5.7 tons during the same period, down by 23 per cent compared to the previous quarter, but increased by 22 per cent on an annual basis, reflecting the continued movement of a share of investors towards gold as a safe haven despite the volatility of world markets.
