Thursday 03 Apr
Gold prices in Egypt witnessed notable stability on Monday, March 31, 2025, the first day of Eid al-Fitr. The price of 24-karat gold recorded 5,011 Egyptian pounds per gram, excluding manufacturing costs, taxes, and fees. This stability is influenced by global market fluctuations.
Gold prices in Egypt Tuesday:
24-karat: EGP 5,011
21-karat: EGP 4,385
18-karat: EGP 3,758
Gold Pound: EGP 35,080
Changes in local gold prices:
Egyptian gold prices experience daily fluctuations of 15-20
EGP, driven by global market volatility and local supply-demand dynamics.
Global gold price trends:
Global gold prices have increased by 15.2% since the beginning of the year, with the ounce stabilizing above the $3,000 level. Since early March, prices have risen by 5.9%. Expectations suggest a potential rise to $3,200 per ounce within the next six months.
