Sunday 23 Feb

اقتصاد

Gold prices stabilize in Egypt


Gold prices stabilize in Egypt

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:

 24-karat gold: 4,582.86 EGP

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.