Gold Price Today in Egypt (22K)
Today's 22K gold price in Egypt in EGP: the global spot ounce (live median of Binance, Coinbase and Kraken via PAXG/USD) converted to EGP at an hourly FX rate, divided by 31.1035 g and scaled by purity.
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<a href="https://goldpricesarabia.com/en/egypt/gold-price/22k"><img src="https://goldpricesarabia.com/charts/gold/egp/1y?lang=en&unit=oz" width="1200" height="630" alt="Gold price chart in Egyptian Pound per troy ounce, 1 year" loading="lazy"></a>
<p style="font:12px sans-serif"><a href="https://goldpricesarabia.com/en/egypt/gold-price/22k">Source: Gold Prices Arabia</a></p>Browse by Karat
Egypt gold market
Egypt's gold market is driven by jewellery demand at 21K and 18K. The Egyptian Pound (EGP) has been under floating-exchange-rate pressure since 2022, making EGP gold prices a hedge against inflation — local demand spikes around currency-devaluation announcements. A 14% VAT applies to jewellery making-charges only. Egypt's largest gold-trading street is Khan el-Khalili in Cairo, with reference prices published daily by the Gold Division of the General Federation of Chambers of Commerce.
Common questions about 22K gold in Egypt
- How is the 22K gold price in Egypt calculated?
- The 22K per-gram price in Egypt is computed as: spot ounce price (XAU/USD) ÷ 31.1035 g × purity ratio × EGP/USD FX rate. The spot price is sourced from Binance, Coinbase and Kraken via PAXG/USD, refreshed every second.
- Why does the gold price differ between shops in Egypt?
- The raw spot price is the same across all shops. Differences come from three factors: (1) making charges (5-30 local units per gram), (2) retailer margin (3-10%), (3) local tax if applicable. The price shown here is the floor reference before any add-ons.
- How often is the Egypt gold price updated?
- The spot ounce price refreshes in real time via WebSocket (multiple times per second). The EGP/USD FX rate refreshes hourly from open central-bank data. The table above reflects the latest available price.
Frequently Asked Questions
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