Gold Price in Cairo Today

Khan el-Khalili Gold Market — Cairo is Egypt's gold capital, and Khan el-Khalili — the medieval market in Islamic Cairo — is the country's historic gold district, where generations of goldsmiths have worked. Egypt quotes gold per gram, and 21K is the dominant karat for jewellery, with 18K growing fast among younger buyers who prefer lighter, modern designs. Gold is bought for engagements and weddings (the shabka, the groom's gold gift to the bride, is a central tradition), and as a hedge — Egyptian families have turned to gold in large numbers as a store of value.

Cairo jewellers price gold per gram at the day's rate plus a workmanship charge (masna'iya), which varies by design and is negotiable in Khan el-Khalili — compare it between shops. Tax in Egypt typically applies to the making charges rather than the metal itself; ask the jeweller for the breakdown. For investment, 24K bars and gold coins (including the popular 8-gram gold pound coin) carry lower premiums than jewellery and are easy to resell. Check the karat stamp and keep the invoice.

21K is the dominant jewellery karat in Cairo, 18K is growing for lighter modern designs, and 24K bars and coins are the investment standard.