Business
Gold prices in Egypt dip at midday, steady by evening trading
October 18, 2026 at 07:58 PM
Coverage
4 reports · over 25 hours
Gold prices in Egypt fell by midday before steadying in the evening, as global prices slipped on a day of closed metal exchanges.
- Gold prices in Egypt dropped about 5 EGP per gram by midday trading Sunday before stabilizing in the evening, former gold division secretary Nadi Naguib told Masrawy.
- Gold 24 karat rose 11 EGP to 7,165 EGP per gram compared with the end of Saturday's trading, reaching that level by evening.
- Global gold declined 0.14% to about $4,165 per ounce, according to Bloomberg data, with global metal exchanges closed for an official holiday.
- Amr El-Maghrabi, a member of the gold division of the commercial chamber, said a company launched an initiative selling jewelry at pure gold weight, listing gemstone weight separately.



