If you live in Egypt, you might be watching the gold market closely. Today, 1 gram of 21k gold costs EGP 3,702.03. This is a 0.24% increase from yesterday.
The buy rate is 3,680 EGP, and the sell rate is 3,660 EGP. The price of 21k gold can change a lot, but today it’s not too extreme. The highest price today is EGP 3,706.59, and the lowest is EGP 3,683.80.
Key Takeaways
- The current price of 21k gold in Egypt is 3,702.03 EGP per gram.
- The price has increased by 0.24% (+9.00 EGP) from the previous day.
- The market volatility for 21k gold is classified as medium.
- The highest price recorded today is 3,706.59 EGP, and the lowest is 3,683.80 EGP.
- The buy rate is 3,680 EGP, and the sell rate is 3,660 EGP.
Understanding Today’s Gold Price in Egypt 21k
The Egyptian gold market is very active. This is because of global economic problems and local instability. People are turning to gold to keep their money safe because the Egyptian pound is losing value.
The price for 21k gold in Egypt is 3,680 EGP per gram to buy and 3,660 EGP per gram to sell. This shows a small difference of 20 EGP. It means the market is fair and easy to understand.
Current Market Rates and Daily Updates
The price of 21k gold in Egypt changes all day. This gives us up-to-date information on the market. In the last six months, the average price was 4,070.68 EGP per gram.
The highest price was 4,361.9 EGP on October 29th, 2024. The lowest was 3,496.1 EGP on June 6th, 2024.
Price Fluctuations and Market Trends
The price of gold in Egypt has gone up by 24.72% in the last six months. This shows how fast and changing the market is. But recently, the price has dropped by 7.08% from its peak.
Buy and Sell Rates Comparison
The price of gold in Egypt can change based on how much you buy. For one gram of 21k gold, you pay 3,680 EGP. For 1,000 grams, it’s 3,680,000 EGP.
The cost of melting gold is about 1-2% of its total value. This is something to think about for investors and buyers.
| Gold Quantity | Buying Price (EGP) | Selling Price (EGP) |
|---|---|---|
| 1 gram | 3,680 | 3,660 |
| 10 grams | 36,800 | 36,600 |
| 100 grams | 368,000 | 366,000 |
| 1,000 grams | 3,680,000 | 3,660,000 |
The Egyptian gold market is always changing. Government actions, new technology, and world economic trends all play a part. Knowing the current prices, how they change, and the buying and selling rates is key for investors and buyers in Egypt.
What Makes 21k Gold Special in Egyptian Markets
In Egypt’s lively markets, 21k gold is very special. It’s made of 87.5% pure gold and 12.5% other metals. This makes it strong and beautiful.
People in Egypt love 21k egyptian hallmarked gold for jewelry. They like its lasting beauty and value.
The price of 21k 21k gold price per gram egypt changes in different places. But, it’s always popular. Its golden color and fine work make it a sign of luxury.
It’s also a good choice for keeping wealth safe.
| Characteristic | 21k Gold |
|---|---|
| Pure Gold Content | 87.5% |
| Other Metal Composition | 12.5% (Copper, Silver, Zinc) |
| Color | Rich, Vibrant Golden Hue |
| Durability | Highly Durable and Long-Lasting |
| Popular Uses | Jewelry, Ornaments, Investments |
21k egyptian hallmarked gold is loved in Egypt for many reasons. It’s of high quality and has deep cultural meaning. It’s seen as a symbol of wealth and status.
“The rich golden hue of 21k gold is a true reflection of its intrinsic value and the cultural importance it holds in the Egyptian markets.”
Gold Price in Egypt 21k Live Updates
Keeping up with the gold price in Egypt 21k is key for those interested in gold. The gold rates in Egypt change often. This is due to many economic factors. Let’s look at the current state of the 21k gold market and the latest news.
Price Changes from Previous Day
The gold price in Egypt 21k went up by +9.00 EGP (+0.2%) from yesterday. This shows a small increase in 21k gold’s value. It shows how the market is always changing.
Market Volatility Analysis
The market for 21k gold in Egypt is medium volatile. It has a daily price change of 22.80 EGP. This means prices can swing a bit, which can be good or bad for investors and buyers.
Real-time Rate Tracking
The gold rates in Egypt are tracked live. The last update was at 09:08:02 am Cairo time. This helps you know the latest market news and make smart choices about gold.
The gold price in Egypt 21k also depends on the USD to EGP exchange rate. Right now, it’s 1 USD to 49.73 EGP. This rate greatly affects the price people pay for gold in Egypt.
“Staying informed about the gold rates in Egypt is essential for anyone looking to make informed decisions in the precious metal market.”
Pricing Guide for Different Gold Quantities
In Egypt’s lively gold market, prices for 21k gold change with the amount you want. Whether it’s a gram, ounce, or kilo, knowing the current prices is key. Let’s look at the prices to help you choose wisely.
A single gram of 21k gold in Egypt costs about 3,702.03 EGP. For 5 grams, expect to pay around 18,510.17 EGP. Ten grams will cost 37,020.34 EGP.
For bigger purchases, 50 grams is 185,101.68 EGP, and 100 grams is 370,203.37 EGP. If you want a kilo (1000 grams), it’s 3,702,033.68 EGP.
But there’s more. The 21k gold price per gram in Egypt is also in ounces (115,148.79 EGP) and tolas (43,180.80 EGP). No matter the amount, knowing the gold market in Egypt is vital for a good investment.
Prices can change with the world market. So, keep up with the latest in the 21k gold price per gram in Egypt. With this guide, you can easily find the best gold for your money in Egypt.
Gold Investment Options in Egyptian Markets
In Egypt, you can invest in gold in many ways. The most common amounts are 1 gram, 5 grams, 10 grams, and 21 grams. These small amounts help you spread out your investment and can help you make more money over time.
Investment Strategies and Tips
One good strategy is to buy gold when prices are low and keep it for a long time. Watching the gold prices in Egypt every day can help you buy at the best times. Also, it’s smart to invest in other precious metals like silver to lower your risk.
Where to Buy Gold in Egypt
You can find gold in Cairo’s gold shops, gold souks, and from certified dealers all over Egypt. Always check the gold’s purity and weight before buying to get the best deal. Also, keep an eye on the latest gold price trends in Egypt, as prices can differ between sellers and places.