Egypt — Ekhbary News Agency
Gold prices in the Egyptian market saw a sudden increase during evening dealings on Saturday, May 9, 2026, across local jewelry stores. This surge has led to new price levels for the gold pound, reflecting significant movements in the value of the precious metal.
Details of the Gold Price Increase
According to available data, the selling price of a gold pound rose to 65,080 Egyptian Pounds, while the buying price was recorded at 55,800 Egyptian Pounds. This increase occurs amidst fluctuations observed in both local and international gold markets, prompting consumers and investors to closely monitor prices.
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Craftsmanship and Stamping Fees
Regarding craftsmanship and stamping fees, the average costs in jewelry stores typically range between 150 and 200 Egyptian Pounds per piece. These charges are added to the base price of gold upon purchase, with their value varying based on the type and weight of the item, as well as the policy of individual merchants.
