Gold Prices Surge in Egypt Following Trump Trade War Announcement
Cairo,Egypt – october 12,2025 – Gold prices in Egypt experienced a meaningful increase today,driven by escalating trade tensions between the United States and China and broader global economic uncertainty. Goldsmiths report heightened demand as investors seek safe-haven assets amid market volatility.
The price jump follows U.S. President Donald Trump’s announcement on Friday that he sees no benefit in resuming planned talks with Chinese President Xi Jinping. This declaration triggered a sell-off in U.S. stock markets,with the S&P 500 closing down 2.7% and the Nasdaq falling 3.6% at the week’s end. The renewed threat of a trade war is weakening the U.S.dollar – which fell 0.6% yesterday – and bolstering gold’s value, traditionally moving inversely to the dollar.
Current gold prices in Egypt, as of today, Sunday, October 12, 2025, are as follows: 24 karat gold is trading at 6166 Egyptian pounds, 21 karat gold at 5395 pounds, and 18 karat gold at 4624 pounds. The gold pound is valued at 43,160 pounds.
Beyond the U.S.-China trade dispute, market analysts point to additional factors supporting gold’s rally. These include geopolitical tensions in Japan, the ongoing U.S. government shutdown, and concerns surrounding the potential collapse of the French government. Investors are also anticipating further interest rate cuts by the U.S. Federal Reserve, with expectations of 25 basis point reductions in both October and December, following a previous cut earlier this year.
While short-term price corrections are possible given the recent rapid increase, experts predict a substantial rise in gold prices over the next two years. This outlook reinforces gold’s position as a key investment during periods of global economic instability.
