Short answer: the Egyptian gold pound (geneh dahab) weighs 8 grams of 21K gold, so it contains about 7 grams of pure gold. Its fair metal value is roughly the 21K price per gram × 8, plus a small making charge. The live 21K price is on our gold price in Egypt page.
Specifications
| Item | Value |
|---|---|
| Weight | 8 grams |
| Karat | 21K (87.5% gold) |
| Pure gold content | about 7 grams |
How to work out the price yourself
- Find today's price per gram of 21K gold.
- Multiply it by 8.
- Add the making charge asked by the shop or manufacturer.
Illustrative example only: if 21K gold is 4,000 pounds per gram, the gold in the coin is worth 4,000 × 8 = 32,000 pounds, before the making charge. These are not current prices.
To see how the price per gram itself is calculated from the world ounce price, read how to calculate the price of a gram of gold.
Why many people choose the gold pound
- Lower making charges than rings, bracelets and other jewellery.
- Easy to value: its weight and karat are standard, which makes selling straightforward.
- Affordable unit size: useful for buying gold gradually rather than one large bar.
This is general information, not investment advice; the right choice depends on your circumstances.
Tips before buying
- Ask for the making charge separately from the gold price and compare several shops.
- Check the weight on the shop's scale in front of you.
- Get an invoice showing weight, karat, price and making charge.
- Keep the original packaging if the coin came sealed, as it can make resale easier.
When you sell
The selling price is usually based on the 21K price per gram × 8, sometimes minus a small deduction, and the making charge you paid is normally not refunded. Compare offers from more than one shop. See how to sell used gold in Egypt.
Frequently asked questions
Are half and quarter gold pounds available?
Yes. A half pound weighs 4 grams and a quarter pound 2 grams of 21K gold, usually with a higher making charge per gram.
Why do prices differ between shops?
Because of different making charges and margins; the value of the gold itself is the same.
This article is general information, not financial or investment advice. See our disclaimer.