Gold prices in Egypt held steady during midday trading on Saturday, February 8, 2025, following recent gains in both global and local markets. The price of 21-karat gold, the most popular in Egypt, rose by 25 pounds in Thursday's trading.
Gold prices today in Egypt:
Here are the latest gold prices
in Egypt:
21-karat gold: 4,010 EGP
18-karat gold: 3,437.14 EGP
Gold pound (8 grams of 21-karat
gold): 32,080 EGP
Global gold prices:
The global price of an ounce of
gold reached $2,869, as investors await potential developments in global
markets that could influence price fluctuations.
Gold market analysis:
Today's price stability follows a significant upward trend driven by increased global demand and market anticipation of US Federal Reserve interest rate decisions, which could directly impact gold's price movement in the coming days.