Gold Prices Hold Steady Across All Carats in Egypt on Sunday, August 24, 2025
Gold prices in Egypt remained stable across all carats on Sunday, August 24, 2025, mirroring steady international gold rates and a stable US dollar against the Egyptian pound. The calm trading environment comes amid cautious sentiment in local jewelry markets, as buyers and sellers anticipate potential volatility later this week.
Analysts attribute the stability to several factors, including the global price of gold, with the ounce (31 grams) holding at $3,371 for buying and $3,370.5 for selling, alongside the dollar maintaining an average of EGP 48.5 against the pound. Local demand remains subdued, with many buyers waiting for potential price declines.
Gold Prices in Egypt (Without Making Charges, Stamps, or Taxes):
24K gold: EGP 5,240 (buying), EGP 5,217 (selling)
22K gold: EGP 4,803 (buying), EGP 4,782 (selling)
21K gold: EGP 4,585 (buying), EGP 4,565 (selling)
18K gold: EGP 3,930 (buying), EGP 3,913 (selling)
14K gold: EGP 3,057 (buying), EGP 3,043 (selling)
Gold ounce (international): $3,371 (buying), $3,370.5 (selling)
Gold pound (Egypt): EGP 36,680 (buying), EGP 36,520 (selling)
Market watchers expect gold prices to remain sensitive to global movements in the dollar index and interest rate trends, with possible fluctuations during the week.