Gold Prices in Egypt Drop by EGP 30 at the Start of Trading on July 24, 2025
Gold prices in Egypt fell by approximately EGP 30 per gram during early trading on Thursday, July 24, 2025, compared to closing levels on Wednesday evening.
The decline reflects a continued cooling in local gold demand and a modest retreat in global gold prices, according to traders.
???? Local Gold Prices (per gram):
• 14K Gold: EGP 3,107
• 18K Gold: EGP 3,995
• 21K Gold (most traded): EGP 4,660
• 24K Gold: EGP 5,326
???? Gold Bullion Prices:
• Gold Coin (8 grams of 21K): EGP 37,280 (may vary slightly by dealer)
• 10g Gold Bar: EGP 53,260
• 50g Gold Bar: EGP 266,300
???? International Gold Price:
The global spot price of gold also fell, dropping by 0.39% to around $3,374 per ounce, according to the latest data from Bloomberg.
(Note: 1 ounce = 31.1 grams of 24K gold)
Gold dealers note that prices may slightly differ from one merchant to another, depending on premiums and supply dynamics. The local market continues to react to global price shifts, currency exchange movements, and local economic sentiment.