Gold Prices Drop in Egypt on June 1, 2026, with 21K Gold Falling by EGP 50

On Monday, June 1, 2026, gold prices in Egyptian jewelry stores experienced another decline, continuing the downward trend observed in recent days. This update comes from the General Division of Gold and Jewelry.

Leading the market was the price of 21K gold, which is the most popular among consumers. It recorded a decrease during mid-trading sessions alongside other gold categories and the price of gold coins, excluding manufacturing costs and taxes.

Price of 24K Gold Today

The purchase price for a gram of 24K gold today reached EGP 7,689 after a drop of EGP 54 compared to the beginning of trading. The selling price stood at EGP 7,630 without including manufacturing costs or taxes, which vary from one store to another.

Price of 21K Gold Today

The price for a gram of 21K gold fell by EGP 50 today to settle at EGP 6,725 for purchasing. The selling price was recorded at EGP 6,675 without accounting for manufacturing costs or taxes. This category remains highly traded in Egypt, particularly for jewelry and coins.

Price of 18K Gold Today

A gram of 18K gold is priced at EGP 5,764 for purchase today. The selling price reached EGP 5,718 after decreasing by EGP 43. This option is considered more affordable compared to both the higher-priced categories.

Price of 14K Gold Today

The purchase price for a gram of14K gold was noted at EGP4 ,483 today while its selling price reached aroundEGP4 ,443 . Although this category is utilized in some lightweight jewelry items , it remains less popular than both21 K and18 Kgold within the Egyptian market .

Price of Gold Coins Today

The purchase price for a gold coin is currently set at EGP53 ,800 . The selling rate stands at approximatelyEGP53 ,400 , excluding any manufacturing fees . Each coin equals eight grams of21 Kgold .

Implications of Falling Gold Prices for Buyers

The decline in gold prices may present an advantageous opportunity for potential buyers looking to save or invest in coins and bullion. However , when purchasing jewelry items , it is crucial to consider manufacturing costs carefully as they can significantly increase total expenses and reduce benefits from current declines.