Gold prices in Egypt record EGP 4,865 for 21-karat

Businessmen Team economy 07 September 2025 09:04 PM

Gold prices in Egypt recorded notable stability on Sunday, September 7, 2025, coinciding with the record-breaking surge of the precious metal in global markets. An ounce reached an unprecedented $3,586, supported by growing bets on a US interest rate cut and rising concerns over political interference in Federal Reserve decisions.

Gold prices today in Egypt:

24-karat: 5,560 EGP per gram

21-karat: 4,865 EGP per gram

18-karat: 4,170 EGP per gram

Gold coin (pound): 38,920 EGP

Gold is traditionally regarded as a safe haven against inflation and economic uncertainty, driving global investors to increase demand during times of political or economic tension.

Gold prices in Egypt fluctuate continuously throughout the day, with average swings ranging between 15 and 20 EGP, influenced by local supply and demand factors as well as sharp movements in global bullion markets.

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