Gold Prices Hold Steady in Egypt on July 10, 2025, Following Latest Dip in Local Markets
Gold prices in Egypt opened Thursday's trading session with relative stability, following the latest decline recorded earlier this week. The most traded 21-karat gold dropped by EGP 20 on Monday, reflecting a broader global easing in gold prices.
According to the latest official update from the General Division for Gold and Jewelry, here are the gold prices in Egypt as of Thursday morning:
24-karat gold: EGP 5,280 per gram
21-karat gold (most traded): EGP 4,620 per gram
18-karat gold: EGP 3,960 per gram
Gold sovereign (ginnieh): EGP 36,960
Global Gold Price
On the international front, the price of gold today stands at approximately $3,319 per ounce, reflecting global market movements and investor sentiment.
The recent dip in both local and global gold prices comes amid shifting economic indicators, ongoing inflation trends, and cautious anticipation ahead of key central bank decisions around interest rates.
Gold continues to be closely watched by investors and consumers in Egypt as a hedge against inflation and currency fluctuations, especially amid economic uncertainty.
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