Use this page to compare the Egypt market rate before you visit a jeweller in Aswan. The final invoice should show the carat, weight and every extra charge separately.
Last updated: 2026-10-27 21:06 EESTScheduled update: Every 15 minutes · Africa/Cairo30-day recorded range: £ 7,022.86 - £ 7,308.57
This page uses the live Egypt market rate as the starting point for readers in Aswan. It does not claim that every street or jeweller uses one final ticket price.
At the latest update, the 24K reference is £ 7,308.57 per gram; the invoice still depends on the item’s carat, net weight, workmanship, stones and service.
Keep the update time beside the number, then compare it with a written quote for the same product instead of treating the city name as a price rule.
Choose the Correct Carat
24K is the high-purity benchmark, but it is not automatically the price for a chain or ring. If the hallmark says 21K, 18K or 14K, use that exact row in the rate board and multiply it by the net gold weight.
Do not identify purity by colour alone, and do not include stones or non-gold components in the calculation. Those small checks explain many differences that first appear to be a gold-rate gap between two districts.
Featured Market Area
Aswan Old Market and Sharia al-Souq — Aswan Old Market is known for its varied trade, crafts and Nubian goods. It should not be treated as a separate gold-rate market from the rest of Egypt.
When gold or silver jewellery appears among market goods, separate metal value from craftsmanship, decoration and souvenir character before comparing the price.
What to Compare in the Market
Before visiting a gold district or commercial area, write the specification in one line: carat, expected weight, whether you want jewellery, a bar or a gold pound, and whether a stone or resizing is involved.
Ask every quotation to state the applicable gram rate, net gold weight, workmanship, any stone value and the final total.
Multiple displays in one area are useful only when you are comparing the same basis; an 18K chain and a 21K set, or a gross and net weight, are not like-for-like offers.
Reading a Price Difference
Pieces with Nubian or hand-worked detail can carry different workmanship from one item to the next. Ask for carat and weight first, then give the design its clear value instead of blending it into the gram rate.
If the total difference is large, first recalculate the metal value from the correct rate and weight. Only then compare workmanship, design, brand premium and exchange terms.
Do not mix a per-gram reference with a ready-made item price, and do not compare a gold pound with a similarly weighted jewellery piece without checking its carat and product details.
Before You Pay
Ask for an invoice showing carat, weight, gram rate, workmanship, total and pricing time. Check the hallmark, fit, clasp or packaging while the item is in front of you, and ask about alteration, exchange and repurchase if those terms matter.
When selling old gold, request its valuation separately from the new item’s invoice. A single difference figure does not show the accepted weight, deduction or rate used for each side.
Using This Page Practically
Open the rate board before leaving, then use the calculator to estimate the weight you are considering. Keep the quotation time when you move between districts or return later in the day, because the rate, stock and sizing can change.
The guide does not choose a business for you. It makes the questions clear enough to show whether a difference comes from the gold rate itself or from the product placed in front of you.
Do not decide from one headline number: keep carat, weight, workmanship and quotation time in the same note, then compare the total.
Gold in Aswan: documenting older pieces before requesting a quote
A family piece kept for years may have no receipt or known mass. To request an assessment in Aswan, start with a description rather than a remembered purchase amount or a guess from colour.
List the pieces, photograph visible marks and collect available paperwork. Establish assessed carat and accepted weight first, because those inputs support a meaningful comparison with today's gram reference.
This page uses the Egyptian source for Aswan readers. It cannot assess an inherited item or provide separately surveyed city-shop offers.
Even with a known carat, a sale requires weight, inspection and terms from the intended purchaser. Ask which quotation applies and when it was supplied rather than converting one table column into a final amount without the preceding assessment details.
Describe each item independently
List earrings, chains and rings separately, distinguishing information actually known from details requiring inspection. Products stored together do not automatically share one carat.
A clear mark on a small section may not describe every component of a multi-part piece. Ask the business to explain its assessment and record the result individually before combining the masses and final valuations.
Stones, joins or mixed components require a question about the weight used. Gross item mass can differ from accepted gold mass, so identify excluded parts and what happens to them.
Mention any known earlier repair and do not assume an old weight remains unchanged. The current inspection information should appear clearly in the offer rather than being hidden in a combined figure.
Establish whether you want an assessment or sale
You may want documentation without selling immediately. Enquire about procedure and fees before agreeing to an assessment service, and establish the record supplied afterwards.
Carat and mass are useful personal information, but a dated monetary figure is not a permanent price. Keep any execution deadline with a conditional purchase offer instead of treating the amount as an open commitment after its validity ends.
Where family members review the pieces, use one list to avoid counting an item twice or overlooking another. Photographs, descriptions and assessed mass can sit beside each entry without including personal details in a file shared publicly.
This organises information only. Questions of ownership or distribution require separate consideration and cannot be settled by the website's weight calculation or market reference.
Compare actual offers on consistent inputs
Obtain carat, mass, gram figure and deductions from each purchaser. Different totals might reflect different assessment or accepted mass, not simply different market rates.
Ask the reason for a discrepancy before selecting an offer. Collect quotations close in time and record the timestamps so market movement is not confused with assessment methods or separate fees explained by the business.
For an exchange into a new product, keep the old-item valuation distinct from the new invoice. The replacement may use another carat, making charge or stone specification.
One overall difference does not explain what was sold and purchased. Use the calculator after establishing each item's inputs, keeping assessment or repair services outside the metal calculation rather than treating their cost as additional gold mass.
Keep a record that can be updated
After assessment or transaction, retain the business name, date, item description, carat, weight, amount and documents supplied. Update the record when repair or condition changes occur instead of relying indefinitely on an older mass.
If another person visits a purchaser later, they then have information about the product and previous procedure rather than a family recollection of a single total.
The chart displays observations for a known carat; it cannot infer specifications of an unknown piece or its assessed value. Missing dates remain absent.
Use the graph for reference timing and the description, inspection and written offer for your Aswan item. Those steps make a price enquiry part of an understood process rather than a substitute for establishing what the piece actually contains.
The displayed gram rates are a Egypt market reference. A final shop quotation can differ because each item has its own making charge, stones, design cost and shop premium.
What should I ask a jeweller before buying?
Ask for the carat, net gold weight, market gold value, making charge, stone value and return terms. A clear breakdown makes it easier to compare two offers.
Is the 24K rate the final price for jewellery?
No. The 24K rate is a useful market benchmark. Jewellery can use another carat and normally includes workmanship or other item-specific costs.
