Gold Price in Egypt vs Africa 2025: Best Place to Buy Gold

With Egypt gold price per gram today fluctuating due to global market trends, Egypt’s vibrant gold market, rooted in ancient history, competes with Africa’s resource-rich nations like Ghana, South Africa, Uganda, Congo, and Kenya.

These countries offer competitive African gold rates vs Egypt, driven by abundant production and lower mining costs.

Whether you’re exploring 24K gold price in Egypt and Africa or asking, “Is gold cheaper in Egypt or Africa?”, understanding regional price dynamics is key.

Egypt Gold Price Per Gram Today

In 2025, Egypt’s gold market remains a cornerstone of its economy, blending cultural reverence with investment appeal. As of July 31, 2025, the Egypt gold price per gram today for 24K gold is approximately 5,285.67 EGP (Egyptian Pounds), equivalent to $108.39 USD at an exchange rate of 1 USD = 48.77 EGP.

This reflects a +46.34% increase from July 2024’s 113,447 EGP per ounce ($2,326 USD/oz), driven by global gold price surges and Egyptian Pound depreciation.

For comparison, 22K gold costs around 4,848.50 EGP/gram ($99.44 USD), 21K gold 4,505 EGP/gram ($92.35 USD), and 18K gold 3,861.50 EGP/gram ($79.15 USD).

Egypt’s gold pricing trends in 2025 are influenced by inflation, currency devaluation, and global demand. The high point for 24K gold was 173,185 EGP/oz ($3,551 USD) on April 21, 2025, while the lowest was 133,355 EGP/oz ($2,735 USD) on January 1, 2025.

Government policies, such as import duties (1–2% on bullion) and VAT exemptions for investment-grade gold, keep prices competitive. However, making charges in jewelry shops, particularly in Cairo’s Khan El-Khalili Bazaar, can add 10–20% to retail prices.

Investors benefit from buying gold bars from banks or certified dealers like Egypt Gold, which offer standardized 24K gold with assay certificates.

Gold Price in Egypt 18K

The 18K gold price in Egypt today is ~4,805.04 EGP/gram ($97.91 USD). Popular for jewelry, it’s 75% pure, durable, and has a 10–20% markup.

Gold Price in Egypt 22K

The 22K gold price in Egypt is ~5,874.56 EGP/gram ($119.66 USD). With 91.6% purity, it’s ideal for high-value jewelry, offering a balance of strength and luster.

Gold Price in Egypt 24K

The 24K gold price in Egypt is ~6,406.72 EGP/gram ($130.52 USD). At 99.9% purity, it’s perfect for investment-grade bullion, with lower premiums for bars.

Below is a summarized table showing Gold Price in Egypt as of today:

Karat	Price per Gram (EGP)	Price per Gram (USD)	Common Use
18K	4,805.04	97.91	Jewelry
22K	5,874.56	119.66	Jewelry
24K	6,406.72	130.52	Bullion

Note: Prices based on 1 USD = 49.09 EGP.

African Gold Rates vs Egypt

Africa’s gold market is diverse, with countries like Ghana, South Africa, Uganda, Congo, Kenya, and Tanzania shaping African gold rates vs Egypt. These nations, among the world’s top gold producers, contribute 26% of global supply (3,200 tonnes in 2024).

Prices vary due to mining costs, currency exchange rates, and local demand. Below, we compare 24K gold prices per gram in USD as of July 2025:

Egypt’s 24K gold price ($108.39/gram) is higher than most African countries due to import costs and market markups. Wholesale gold prices Egypt vs West Africa show Ghana and Mali offering lower rates due to direct sourcing from artisanal miners.

Retail pricing in Egypt includes higher premiums (5–10%) for jewelry due to craftsmanship, while African markets like Uganda and Congo offer raw gold at 1–3% premiums. Key differences include:

• Mining Costs: Africa’s lower labor and operational costs reduce prices.
• Currency Fluctuations: Weaker currencies (e.g., Ugandan Shilling, Congolese Franc) make gold cheaper in USD.
• Regulations: Egypt’s formal market adds taxes, while informal African markets lower costs but risk scams.

24K Gold Price in Egypt and Africa

The 24K gold price in Egypt and Africa reflects global spot prices ($3,339/oz in July 2025) plus local premiums. 24K gold, at 99.99% purity, is the standard for investment-grade bullion.

Egypt’s price per ounce is 165,348 EGP ($3,389 USD), while African countries range from $3,075–$3,210/oz.

Price Comparison (July 2025, USD)

• Egypt: $3,389/oz ($108.39/gram)
• South Africa: $3,210/oz ($103.14/gram)
• Ghana: $3,128/oz ($100.50/gram)
• Uganda: $3,095/oz ($99.50/gram)
• Congo (DRC): $3,075/oz ($99.00/gram)
• Tanzania: $3,135/oz ($100.80/gram)
• Kenya: $3,158/oz ($101.50/gram)

The table below shows 24K Gold Price Comparison (Egypt vs Africa, July 2025)

Regional variances stem from:

• Mining and Refining: South Africa’s advanced refineries (e.g., Rand Refinery) add costs, while Uganda and Congo offer raw gold at lower prices.
• Trade Barriers: Egypt’s import duties (1–2%) and VAT (exempt for bullion) contrast with Africa’s minimal export taxes.
• Market Access: Egypt’s formal markets ensure reliability but higher prices, while African informal markets offer savings with higher risks.

Is Gold Cheaper in Egypt or Africa?

The question “Is gold cheaper in Egypt or Africa?” depends on the country and purchase type. Egypt gold market vs African markets shows Egypt’s prices are higher ($108.39/gram for 24K gold) due to import costs and retail premiums. African countries like Uganda ($99.50/gram) and Congo ($99.00/gram) offer cheaper gold due to:

• Low Mining Costs: Artisanal mining in Uganda and Congo reduces overheads.
• Minimal Taxes: Uganda’s export taxes are 0–1% for licensed dealers, vs. Egypt’s 1–2% import duties.
• Direct Sourcing: Buying from miners in Ghana or Congo cuts middleman costs.

However, Egypt offers a safer, more regulated market with certified gold bars from brands like PAMP Suisse. Cost-benefit analysis:

• Egypt: Ideal for retail jewelry or small-scale investments ($80–$2,800 for 1g–1oz bars).
• Africa: Better for bulk purchases (e.g., buy 1kg gold bar Egypt or Tanzania, $99,000–$108,390).
• Risks: African markets may involve scams or unrefined gold, requiring assay testing.

Compare Gold Prices Across Africa

Compare gold prices across Africa reveals regional disparities:

• West Africa: Ghana ($100.50/gram) and Mali ($101.60/gram) benefit from high production and low costs. Accra’s transparent market makes Ghana a hub.
• East Africa: Uganda ($99.50/gram) and Tanzania ($100.80/gram) offer the lowest gold prices due to informal markets and proximity to Congo’s reserves.
• Southern Africa: South Africa ($103.14/gram) has higher prices due to refining and regulatory costs but offers high-quality gold bars.

Wholesale gold prices Egypt vs West Africa show Ghana and Mali as cost leaders for bulk buyers, with 1kg gold bars at $100,500–$101,600 vs. Egypt’s $108,390. East Africa (Uganda, Tanzania) is ideal for investors seeking low cost African gold country options.

Egypt Gold Market vs African Markets

The Egypt gold market vs African markets differs in structure and accessibility:

1. Egypt:
   • Market Structure: Formal, with regulated dealers like Egypt Gold and banks offering certified 24K gold bars. Khan El-Khalili Bazaar is a retail hub for gold jewelry.

1. • Transparency: Assay certificates and LBMA-accredited bars ensure authenticity.
   • Culture: Gold jewelry prices Egypt vs Kenya show Egypt’s higher markups (10–20%) due to intricate designs and cultural demand.
2. African Markets:
   • Structure: Mix of formal (South Africa, Ghana) and informal (Uganda, Congo) markets. Kampala and Accra are key hubs.
   • Transparency: Varies; South Africa’s Rand Refinery is LBMA-accredited, while Congo’s markets require due diligence.
   • Pricing: Lower premiums (1–3%) make gold investment Egypt vs Uganda more cost-effective in Uganda.

Egypt’s market suits retail buyers, while African hubs like Ghana and Uganda cater to wholesale gold prices and bulk investors.

African Countries with Lowest Gold Prices

The African countries with lowest gold prices in 2025 are:

• Uganda: $99.50/gram ($99,500/kg). Low mining costs and informal markets make Uganda the best country in Africa to buy gold 2025.
• Congo (DRC): $99.00/gram ($99,000/kg). Abundant reserves and minimal taxes attract investors, though regulation is weak.
• Mali: $101.60/gram ($101,600/kg). Artisanal mining and low operational costs ensure affordability.
• Ghana: $100.50/gram ($100,500/kg). High production and transparent pricing make it a top choice.
• Tanzania: $100.80/gram ($100,800/kg). Growing mining sector offers competitive rates.

These countries benefit from direct mine-to-market models, reducing premiums compared to Egypt’s $108.39/gram.

Buy Gold in Egypt vs Ghana

Buy gold in Egypt vs Ghana depends on investment goals:

1. Egypt:
   • Bullion: Banks and dealers offer 1g gold bars ($108.39) to 1kg gold bars ($108,390) with assay certificates.
   • Jewelry: Gold jewelry prices Egypt vs Kenya show Egypt’s higher costs ($120–$150/gram for 18K) due to craftsmanship.
   • Taxes: VAT-exempt for bullion, but 1–2% import duties apply.

1. Ghana:
   • Bullion: Gold bar price Egypt vs South Africa is higher than Ghana’s $100,500/kg for 1kg gold bars. Accra’s refineries ensure 99.99% purity.
   • Jewelry: Lower markups ($90–$110/gram for 18K) due to simpler designs.
   • Taxes: Export taxes (0–1%) make Ghana cheaper for bulk buyers.

Verdict: Ghana is better for gold investment due to lower prices and high production. Egypt suits retail jewelry buyers.

Gold Bar Price Egypt vs South Africa

Gold bar price Egypt vs South Africa highlights cost differences:

Egypt:

• • 1kg gold bar: $108,390 (5–10% premium).
  • 1oz gold bar: $3,389 (5% premium).
  • Brands: PAMP Suisse, Credit Suisse, with assay certificates.

South Africa:

• • 1kg gold bar: $103,140 (2–4% premium).
  • 1oz gold bar: $3,210 (2% premium).
  • Brands: Rand Refinery, LBMA-accredited, globally recognized.

South Africa’s advanced refining and high output lower premiums, making it cheaper than Egypt. However, Egypt’s market offers more retail accessibility.

2025 Gold Prices Egypt vs African Countries

2025 gold prices Egypt vs African countries reflect a bullish market, with global spot prices at $3,339/oz. Egypt’s prices are up +46.34% from 2024, driven by inflation and currency devaluation. African countries show:

• South Africa: +34.95% (R59,466/oz vs. R44,137 in 2024).
• Ghana: +30% ($100.50/gram vs. $77.30 in 2024).
• Uganda: +28% ($99.50/gram vs. $77.80 in 2024).

Market volatility and central bank demand (900 tonnes projected for 2025) drive prices, with Africa’s lower premiums offering better value.

Cheapest Country to buy gold in Africa 2025

The best country in Africa to buy gold 2025 is Uganda, offering:

• Cost: $99,500/kg, the lowest in Africa.
• Security: Licensed dealers like Buy Gold Bars Africa Limited provide assay certificates and export permits.
• Regulations: Supportive policies (0–1% export taxes) simplify purchases.
• Accessibility: Kampala’s hub connects to Congo’s reserves, ensuring supply.

Ghana and Congo (DRC) follow closely, with Ghana’s transparency and Congo’s low costs. Buy 1kg gold bar Egypt or Tanzania sees Tanzania at $100,800/kg, slightly higher but reliable.

Gold Investment Egypt vs Uganda

Gold investment Egypt vs Uganda contrasts:

1. Egypt:
   • Legalities: Regulated market, VAT-exempt bullion, 1–2% import duties.
   • ROI: Stable but lower due to higher premiums (5–10%).
   • Accessibility: Banks and bazaars offer easy retail purchases.
2. Uganda:
   • Legalities: Minimal export taxes (0–1%), PMMC-licensed dealers.
   • ROI: Higher due to low premiums (1–2%) and $99,500/kg prices

1. • Accessibility: Kampala’s informal markets require due diligence but offer savings.

Uganda is ideal for gold investment due to cost and ROI potential.

Gold Purity and Pricing Egypt vs Congo

Gold purity and pricing Egypt vs Congo highlights:

1. Egypt:
   • Purity: 24K gold (99.99%) for bullion, 21K gold (87.5%) for jewelry.

1. • Pricing: $108.39/gram, driven by import costs and retail markups.
2. Congo (DRC):
   • Purity: 24K gold (99.99%) from artisanal mines, some raw gold at 95–98% requiring refining.
   • Pricing: $99.00/gram, lowest due to minimal taxes and direct sourcing.

Congo’s raw gold is cheaper but requires assay testing, while Egypt’s certified bars ensure reliability.

Gold Jewelry Prices Egypt vs Kenya

Gold jewelry prices Egypt vs Kenya reflect cultural and market differences:

1. Egypt:
   • 18K gold: $79.15–$120/gram, with 10–20% craftsmanship markups.

1. • Designs: Intricate, Pharaonic-inspired, popular in Cairo’s bazaars.
2. Kenya:
   • 18K gold: $75–$90/gram, simpler designs reduce costs.
   • Designs: Modern, less labor-intensive, sold in Nairobi’s retail hubs.

Egypt’s higher prices suit cultural buyers, while Kenya offers affordability for everyday jewelry.

Gold Export Prices Africa vs Egypt

Gold export prices Africa vs Egypt vary by pricing model:

1. Egypt: CIF (Cost, Insurance, Freight) prices include 1–2% duties, with 1kg gold bars at $108,390 FOB (Free on Board).
2. Africa:
   • Uganda: $99,500/kg FOB, 0–1% export taxes.
   • Ghana: $100,500/kg FOB, 0–1% taxes.
   • Congo: $99,000/kg FOB, minimal taxes but regulatory risks.

Africa’s lower gold export prices make it attractive for international buyers, especially to UAE or Europe.

Buy 1kg Gold Bar Egypt or Tanzania

Buy 1kg gold bar Egypt or Tanzania comparison:

1. Egypt:
   • Cost: $108,390, 5–10% premium.
   • Sellers: Egypt Gold, banks, LBMA-accredited bars.
   • Pros: Regulated, assay-certified.
2. Tanzania:
   • Cost: $100,800, 1–3% premium.
   • Sellers: Local refineries, dealers in Dar es Salaam.
   • Pros: Cheaper, growing market.

Tanzania offers better value, but Egypt ensures reliability.

Gold Tax and Import Rules Egypt vs Africa

Gold tax and import rules Egypt vs Africa:

1. Egypt:
   • Taxes: VAT-exempt for bullion, 1–2% import duties.
   • Imports: UAE, India require customs declarations; Europe allows up to 1kg duty-free.

2. Africa:
   • Uganda: 0–1% export taxes, PMMC permits required.
   • Ghana: 0–1% taxes, export licenses needed.
   • Congo: Minimal taxes, but informal markets risk non-compliance.

Africa’s lower taxes favor bulk exports, while Egypt’s regulations ensure transparency.

Wholesale Gold Prices Egypt vs West Africa

Wholesale gold prices Egypt vs West Africa:

1. Egypt: $108,390/kg, 5–10% premiums for bulk orders (5kg+).
2. West Africa:
   • Ghana: $100,500/kg, 1–3% premiums.
   • Mali: $101,600/kg, artisanal sourcing reduces costs.

West Africa’s wholesale gold prices are lower due to high production and minimal taxes, making it ideal for bulk buyers.

Conclusion

The gold price in Egypt vs Africa 2025 reveals Egypt’s higher prices ($108.39/gram for 24K gold) compared to African countries like Uganda ($99.50/gram) and Congo ($99.00/gram). Where is gold cheaper, Egypt or Africa?

Africa, particularly Uganda, offers the lowest gold prices due to low mining costs and minimal taxes. For gold investment, Uganda and Ghana provide the best country in Africa to buy gold 2025 with high ROI.

Buy Gold Bars Africa Limited, based in Kampala, offers 24K gold bars at $99,500/kg with assay certificates and secure shipping.

Contact us today for cost-effective, ethical gold investment.