Gold Prices Stability in Egypt on October 17

Gold prices in Egypt remain stable today, October 17, 2026, according to Bakam data. The price of 21-karat gold, the most popular and widespread in the Egyptian market, stands at approximately 6264.07 EGP per gram.

Similarly, 24-karat gold, known for its purity, is priced at about 7158.94 EGP per gram, while 18-karat gold, favored for its lower price and versatility, is around 5369.2 EGP per gram.

These prices coincide with the international ounce price holding steady at 4166.1 USD. This relative stability in prices is attributed to a state of equilibrium in both global and local markets.

Gold remains one of the most significant precious metals that Egyptians seek as a safe investment haven, in addition to its traditional uses in jewelry. The determination of gold prices in Egypt is influenced by several factors, including the international ounce price and fluctuations in the exchange rate of the Egyptian pound against the US dollar.