Thursday, July 17, 2025, 11:16 PM
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Gold Prices Hold Steady in Egypt Amid Muted Market Activity – July 17, 2025

Thursday 17 July 2025 13:23
Gold
Gold

Gold prices in Egypt remained relatively stable on Thursday, July 17, 2025, according to real-time updates from local gold markets and jewelry retailers. The market saw limited trading volumes and subdued demand, with many buyers awaiting further dips in prices for safe-haven investment opportunities.

Live Gold Price Updates from Egyptian Souks and Shops

The latest retail rates for gold across Egyptian jewelry stores and goldsmiths were as follows:

24-karat gold: EGP 5,303 (selling) – EGP 5,280 (buying)

22-karat gold: EGP 4,861 (selling) – EGP 4,840 (buying)

21-karat gold (most traded in Egypt): EGP 4,640 (selling) – EGP 4,620 (buying)

18-karat gold: EGP 3,977 (selling) – EGP 3,960 (buying)

14-karat gold: EGP 3,110 (selling) – EGP 3,093.25 (buying)

12-karat gold: EGP 2,652 (selling) – EGP 2,640 (buying)

9-karat gold: EGP 1,999.25 (selling) – EGP 1,988.50 (buying)


Gold Pound Coin (Guinea) Prices:

Selling at EGP 37,120

Buying at EGP 36,960


International Gold Prices: Globally, the gold ounce was trading at $3,329.27 (selling) and $3,328.98 (buying), reflecting ongoing global interest in gold as a hedge against inflation and market volatility.

Market Outlook: Analysts say the current price stability in Egypt’s gold market is driven by a cautious sentiment among consumers and investors, amid global economic uncertainty and expectations of future rate adjustments by major central banks. The demand for physical gold remains moderate, with investors closely watching both local and international market cues.