Saied Embaby, Executive Director of iSagha, said local gold prices rose by 10% over the month, with 21-karat gold gaining EGP 700 per gram. The most actively traded 21k gold opened February at EGP 6,825 and closed at EGP 7,525. Globally, gold prices increased by 8% during the month, posting gains of $384 per ounce. Over the past week, 21k gold rose by EGP 600, advancing from EGP 6,925 to EGP 7,525, while the global ounce gained approximately $171, increasing from $5,108 to $5,279 by week’s end. According to the latest figures, 24k gold was priced at around EGP 8,600 per gram, 18k gold at EGP 6,450, and the gold pound coin at approximately EGP 60,200.

Source: Daily News Egypt March 01, 2026 14:23 UTC