Gold Prices in Egypt Hold Firm on Thursday, June 19, 2025 – Gold Sovereign Hits EGP 38,480
Gold prices in Egypt remained relatively stable on Thursday, tracking international market movements and investor sentiment ahead of key economic decisions. The domestic market continues to reflect global fluctuations, as investors closely monitor mining output, industrial demand, and shifts in interest rates worldwide.
Gold Prices in Egypt – Thursday, June 19
24-karat gold: EGP 5,497 per gram
21-karat gold: EGP 4,810 per gram
18-karat gold: EGP 4,123 per gram
14-karat gold: EGP 3,213 per gram
Gold Sovereign (8 grams of 21-karat gold): EGP 38,480
Global markets saw noticeable volatility on Wednesday as spot gold edged up by 0.1% to $3,393 per ounce, according to data from Investing.com. Investors remained cautious ahead of the U.S. Federal Reserve’s upcoming policy announcement, choosing to scale back large bets amid uncertainty.
Meanwhile, geopolitical tensions added further complexity to the market. U.S. stocks posted sharp losses and recorded weekly declines following a wave of Israeli airstrikes on Iran and retaliatory attacks on Tel Aviv. The escalation spurred energy prices higher and increased investor demand for safe-haven assets like gold.
In Egypt, gold prices are highly sensitive to global market shifts and are updated throughout the day. Price fluctuations of EGP 20–30 are common due to the dynamic interplay of international gold rates and local supply and demand conditions.