Gold Surges to Record High, Exceeding $4,300 Per Ounce Amidst Global Demand
Cairo, Egypt – October 20, 2025 - Gold prices experienced a dramatic increase today, reaching unprecedented levels in Egypt as global demand continues to drive investment. As of 14:49:13 EET, 24-karat gold is trading at 6,611 Egyptian pounds, equivalent to approximately $4,300 per ounce based on current exchange rates. This surge marks a 51% jump in value since the beginning of the year, fueled by heightened activity from central banks and investment funds prioritizing physical gold holdings.
The rapid appreciation in gold’s value reflects it’s conventional role as a safe-haven asset during periods of economic uncertainty and rising inflation. the price fluctuations impact a broad range of stakeholders, from individual investors seeking to preserve wealth to the Egyptian jewelry market and the nation’s broader economic outlook. Experts anticipate continued volatility as global economic conditions evolve and demand for gold persists.
currently, 21-caliber gold is priced at 5,785 Egyptian pounds, while 18-karat gold is available for 4,959 Egyptian pounds. The gold pound, a standard unit of measurement in Egypt, is valued at 46,280 Egyptian pounds.
Fluctuations in Egyptian gold prices mirror developments in global gold markets, with intraday variations ranging from 15 to 20 pounds. These shifts are influenced by activity on international stock exchanges and the interplay of supply and demand.Its crucial to note that published prices are subject to change and do not include manufacturing costs, taxes, or stamp duties.
