In Egypt, the jewellery market in late February 2026 is defined by a significant surge in gold prices, which have climbed toward 8,000 EGP per gram for 24K gold. Despite high rates, major retailers like L’azurde and Damas are offering seasonal "Ramadan Prep" discounts and flexible installment plans.
Top Brand & Retailer Offers
L’azurde & Miss L’ (Online & In-Store)
One of Egypt's most established brands is currently running deep discounts on 18K gold and diamond collections.
* Direct Discounts: Selected 18K gold necklaces and bracelets are currently discounted by 10% to 30%.
* Diamond Clearance: High-end diamond eternity rings and earrings are seeing up to 40% OFF in specific "Special Price" categories.
* Promo Code: Use code LZ34 on the Miss L’ online store for an extra 10% OFF full-priced products.
Damas Egypt
Damas is focusing on luxury collections and accessibility through digital codes.
* Sitewide Offer: Use the promo code ACC90 or ALCOUPON at checkout on their website to receive a 5% discount on full-priced items.
* Bank Installments: Holders of specific credit cards (like CIB or HSBC) can often access 0% interest installment plans for 6 to 12 months on diamond purchases over 2,000 EGP.
Glamour Jewellery
With branches across Cairo (Mall of Egypt, Downtown Mall) and Alexandria, Glamour is highlighting new arrivals for the spring season.
* Pricing Examples: 18K gold "Star Blossom" and "Double Oval" necklaces are currently priced between 15,600 EGP and 26,400 EGP.
* Engagement Sets: They are featuring a wide range of diamond bands and eternity rings starting from roughly 35,000 EGP.
Today's Gold Rates in Egypt (February 24, 2026)
Gold prices have trended upward this week, influenced by global bullion movements and local demand.
* 24K Gold: ~8,000 EGP per gram
* 21K Gold: ~7,000 EGP per gram (The most popular for local investment and gifts)
* 18K Gold: ~6,000 EGP per gram
* Gold Pound (8g): ~56,000 EGP
Shopping Tips for Egypt
* The Ramadan Window: With Ramadan expected to begin in mid-March, many jewellers launch their "Ramadan Collections" this week. Shopping now allows you to avoid the pre-Eid rush when labor fees (Masnaia) often increase.
* Understanding "Masnaia": In Egypt, the labor fee is a critical part of the price. For 18K gold, expect a higher masnaia than 21K. Always ask for the "total price per gram" including the labor fee before finalizing.
* Official Hallmarks: All gold sold in Egypt must be hallmarked by the Stamping and Weights Authority. Look for the tiny official stamp to ensure the purity matches what you are paying for.
* Investment Coins: If you are buying gold purely for savings, the Gold Pound (8g of 21K) or BTC Gold Bars are the most popular choices due to their lower making charges compared to intricate jewellery.
Top Brand & Retailer Offers
L’azurde & Miss L’ (Online & In-Store)
One of Egypt's most established brands is currently running deep discounts on 18K gold and diamond collections.
* Direct Discounts: Selected 18K gold necklaces and bracelets are currently discounted by 10% to 30%.
* Diamond Clearance: High-end diamond eternity rings and earrings are seeing up to 40% OFF in specific "Special Price" categories.
* Promo Code: Use code LZ34 on the Miss L’ online store for an extra 10% OFF full-priced products.
Damas Egypt
Damas is focusing on luxury collections and accessibility through digital codes.
* Sitewide Offer: Use the promo code ACC90 or ALCOUPON at checkout on their website to receive a 5% discount on full-priced items.
* Bank Installments: Holders of specific credit cards (like CIB or HSBC) can often access 0% interest installment plans for 6 to 12 months on diamond purchases over 2,000 EGP.
Glamour Jewellery
With branches across Cairo (Mall of Egypt, Downtown Mall) and Alexandria, Glamour is highlighting new arrivals for the spring season.
* Pricing Examples: 18K gold "Star Blossom" and "Double Oval" necklaces are currently priced between 15,600 EGP and 26,400 EGP.
* Engagement Sets: They are featuring a wide range of diamond bands and eternity rings starting from roughly 35,000 EGP.
Today's Gold Rates in Egypt (February 24, 2026)
Gold prices have trended upward this week, influenced by global bullion movements and local demand.
* 24K Gold: ~8,000 EGP per gram
* 21K Gold: ~7,000 EGP per gram (The most popular for local investment and gifts)
* 18K Gold: ~6,000 EGP per gram
* Gold Pound (8g): ~56,000 EGP
Shopping Tips for Egypt
* The Ramadan Window: With Ramadan expected to begin in mid-March, many jewellers launch their "Ramadan Collections" this week. Shopping now allows you to avoid the pre-Eid rush when labor fees (Masnaia) often increase.
* Understanding "Masnaia": In Egypt, the labor fee is a critical part of the price. For 18K gold, expect a higher masnaia than 21K. Always ask for the "total price per gram" including the labor fee before finalizing.
* Official Hallmarks: All gold sold in Egypt must be hallmarked by the Stamping and Weights Authority. Look for the tiny official stamp to ensure the purity matches what you are paying for.
* Investment Coins: If you are buying gold purely for savings, the Gold Pound (8g of 21K) or BTC Gold Bars are the most popular choices due to their lower making charges compared to intricate jewellery.
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