Tuesday 20/January/2026 – 08:43 AM
Saw prices gold The Egyptian market witnessed a state of relative stability at record levels during the morning of trading today, Tuesday, January 20, 2026, continuing its upward trend that began since the beginning of this year.
This performance was driven by escalating uncertainty in global markets and increased demand for gold as a safe haven, in light of global trade tensions, most notably US President Donald Trump’s threats to impose new customs duties on a number of trading partners.
The ounce globally recorded about $4,648, amid investors’ anticipation of the upcoming monetary policy decisions of major central banks, and growing concerns about the slowdown in global economic growth, which has enhanced the attractiveness of gold as a hedging tool against geopolitical risks.
Price of a gram of 21 carat gold
At the local level, global rises were directly reflected in the Egyptian market, where various gold karats recorded remarkable stability, influenced by the exchange rate as well as supply and demand factors.
The price of a gram of 21-karat gold, which is the most traded in the market, reached about 6,280 pounds for sale, while 24-karat gold recorded about 7,177 pounds, and the price of a gold pound reached 50,240 pounds.
Gold experts confirmed the continued strong demand for purchases, whether for the purpose of saving or long-term investment, in light of financial market fluctuations, which push individuals and institutions to move towards physical assets that are more capable of preserving value.
