gold Prices in Egypt Surge to New Heights Amid Global Rally
Cairo, Egypt – September 14, 2025 – Gold prices in Egypt have continued their upward trajectory, reaching new peaks this past week, driven by strong performance in the global market. Despite fluctuations in the exchange rate between the Egyptian pound and the US dollar, local gold prices have remained resilient, benefiting from the overall bullish trend internationally.
According to Ihab Wasef, President of the Gold Division and Precious Metals at the Federation of industries, the gains were directly supported by record highs in global gold standards.
Here’s a breakdown of current gold prices in Egypt (as of September 14, 2025):
* 24 carat: 5,600 Egyptian pounds per gram
* 21 Carat: 4,900 Egyptian pounds per gram
* 18 carat: 4,200 Egyptian pounds per gram
* Gold Pound: 39,200 Egyptian pounds
the weekly report from the Gold Division indicates a 0.7% increase in the price of 21-carat gold, closing at 4,895 Egyptian pounds per gram, up from 4,860 pounds at the beginning of the week.Throughout the week, 21-carat gold reached a high of 4,915 pounds per gram and a low of 4,845 pounds per gram.
Global Factors Fueling the Rise
Wasef attributes the surge in local prices to the important rise in global gold prices, with the price of an ounce settling above $3,600. the global price even briefly touched a historical high of $3,674 before stabilizing in the $3,640 – $3,650 range per ounce.
The Gold Division Head emphasized that these developments are… (article abruptly ends here in source)
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