On Tuesday, September 2, 2025, gold prices in Egypt stabilized at high levels, reflecting the impact of the global increase in the price of the precious yellow metal.
In detail, the price of 21-carat gold – the most common in the local market – was about 4715 pounds per gram, an increase of up to 25 pounds compared to the previous day’s transactions. While the price of gold caliber 24 about 5388 pounds per gram, and the price of caliber 18 amounted to 4020 pounds. The price of the gold pound also reached 37,720 pounds.
It should be noted that the prices of the factory add to the total cost, ranging from 100 to 200 pounds per gram, according to the type of works and stores of various jewelers.
Globally, spot gold prices rose 0.3%, to $3,487.55 an ounce, according to data released by «Reuters»This rise is due to the depreciation of the dollar, as well as expectations that the US Federal Reserve will cut interest rates in September, reinforcing the status of the yellow metal as a safe haven for investors.
