Gold Price Today in Egypt: February 15, 2026 Update – 14K, 21K & More
- Gold prices in Egypt continued their upward trajectory on Sunday, February 15, 2026, reaching 235,002.66 Egyptian Pounds per ounce, according to data from multiple sources.
- The price variations across different gold karats reflect the purity levels.
- Specifically, the price per ounce for various karats is as follows: 24K gold is 235,002.66 EGP, 23K is 226,777.57 EGP, 22K is 215,262.44 EGP, 21K is 205,627.33 EGP,...
Gold prices in Egypt continued their upward trajectory on Sunday, , reaching 235,002.66 Egyptian Pounds per ounce, according to data from multiple sources. This represents a significant increase of 4,556.34 Egyptian Pounds per ounce, equivalent to a 1.98% rise compared to the previous day, Saturday, .
Gold Karat Prices
The price variations across different gold karats reflect the purity levels. 24-karat gold currently trades at 7,556.36 Egyptian Pounds per gram, while 22-karat gold is priced at 6,921.62 Egyptian Pounds per gram. 21-karat gold, the most commonly traded, is at 6,611.81 Egyptian Pounds per gram. Lower karatages, such as 18-karat at 5,667.27 Egyptian Pounds per gram and 14-karat at 4,420.47 Egyptian Pounds per gram, offer more affordable options.
Specifically, the price per ounce for various karats is as follows: 24K gold is 235,002.66 EGP, 23K is 226,777.57 EGP, 22K is 215,262.44 EGP, 21K is 205,627.33 EGP, and 18K is 176,252.00 EGP. The price of 14K gold per ounce is 137,476.56 EGP.
Year-Over-Year and Long-Term Trends
The current price surge builds on a strong year for gold in Egypt. Over the past year, gold prices have risen by 61.17%. Looking further back, the increase is even more dramatic: over five years, gold prices have more than doubled, increasing by 727.5%, and over the past decade, prices have nearly tripled. This sustained appreciation underscores gold’s role as a long-term store of value and a hedge against economic uncertainty.
Market Interpretation
Analysts characterize the current gold market as exhibiting bullish momentum. The prevailing factors supporting higher prices include safe-haven demand and inflation hedging. Global economic conditions and geopolitical risks continue to drive investors towards gold as a secure asset. The increased demand is reflected in the consistent price increases observed in the Egyptian market.
Spot Prices and Market Indicators
As of on Sunday, , the bid price for gold in Egypt is 234,990.91 EGP, while the ask price is 235,014.41 EGP. These figures indicate the prices at which dealers are willing to buy and sell gold, respectively. The open price for the day was 230,446.32 EGP.
Gold Prices in U.S. Dollars and Other Currencies
The price of gold in Egypt is also reflected in U.S. Dollar terms. Currently, one ounce of gold is equivalent to approximately 5,041.01 USD. The exchange rate between the Egyptian Pound and the U.S. Dollar plays a crucial role in determining the local price of gold. The data also provides conversions to other currencies, though specific rates were not detailed beyond the USD conversion.
Impact on Consumers and Investors
The rising gold prices have implications for both consumers and investors in Egypt. For consumers, the increased cost of gold jewelry and bullion may dampen demand. However, gold remains a culturally significant asset in Egypt, particularly for weddings and other celebrations, which is likely to sustain some level of demand. For investors, gold offers a potential hedge against inflation and currency devaluation, making it an attractive option in the current economic climate. The increased prices also benefit gold miners and dealers operating within the country.
Recent Trading Activity
Recent reports indicate stability in gold prices at the close of trading on Saturday, . The price of 24-karat gold was reported at 7,668 Egyptian Pounds without factoring in manufacturing costs. The price of gold ingots concluded trading with stability, indicating a period of consolidation after recent gains.
The market will continue to be monitored closely for further fluctuations, influenced by global economic trends, geopolitical developments, and local market dynamics. The continued strength of the gold price suggests a sustained period of investor interest in the precious metal.
