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The price of the gold pound

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Title: Gold Price in Egypt Today: 24K, 21K, 18K & Pound Prices

by Priya Shah – Business Editor October 28, 2025
written by Priya Shah – Business Editor

Gold Reaches 6,142 Egyptian Pounds as‌ Global Markets Shift – October 27, 2025

Cairo – Gold prices in Egypt rose⁤ on Monday,⁢ October 27, 2025, influenced by a strengthening dollar and ongoing international trade negotiations. Teh price of 24-karat gold reached ‌6,142 Egyptian pounds, while 21-karat ‌gold – the most popular gauge for‍ jewelry purchases – settled ‌at 5,375 pounds.

These fluctuations directly impact Egyptian consumers and investors, as gold remains ⁣a conventional safe-haven asset​ and a ⁢key component of⁢ cultural celebrations.the market’s sensitivity to global⁢ economic indicators, particularly the dollar’s performance and potential trade agreements, underscores the ​interconnectedness of egypt’s financial landscape with international developments. Further price volatility is anticipated as global markets react to upcoming decisions regarding a potential U.S.-China trade framework.

Here’s ‌a breakdown of current gold prices in Egypt, excluding manufacturing costs, taxes, and stamp duties:

* 24‌ Karat: 6,142 pounds
* 21 Caliber: 5,375 pounds
* ​ ‌ 18 Caliber: 4,607​ pounds
* Gold Pound: 43,000 pounds

The rise in gold prices coincides with the dollar reaching ​its highest level in over​ two weeks against the Japanese yen,‌ increasing the cost for buyers using other currencies.According to Reuters reports, senior economic⁢ officials from China and the United ⁤States presented a trade agreement framework on Sunday, October 26, 2025, ‌for consideration by their respective leaders later this ‍week.

Market analysts caution that gold prices in Egypt are subject ⁤to continuous change,⁤ fluctuating between⁤ 15 and 20⁣ pounds throughout the day due‌ to global market activity and local supply and demand. The spot price of gold internationally remains a primary driver of these shifts.

October 28, 2025 0 comments
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Business

Gold Prices in Egypt Today: 2025 Update

by Priya Shah – Business Editor October 23, 2025
written by Priya Shah – Business Editor

Gold ⁢prices Rebound in⁤ Egypt Following US Interest Rate Decision

Cairo, Egypt – October 23, 2025 ⁤ – Gold prices in Egypt reversed wednesday’s downward trend, rising⁣ sharply today as the ​impact of a US Federal Reserve interest⁣ rate cut began to stabilize.⁢ The price of 21‍ karat gold reached 5,510 Egyptian pounds for purchase, including workmanship, ⁣according to‍ reports from local markets.

The fluctuation follows a significant drop ‌in ‌gold prices yesterday, triggered by a strengthening US​ dollar after the Federal Reserve announced a⁣ 25 basis point reduction in interest rates, bringing the range to 4% – 4.25%. This marked the first rate cut as the beginning of 2025 and‍ the first‌ during the tenure of US president Donald Trump. The move, responding ⁤to ​mounting pressure from the President, impacts investors and consumers ‌across egypt, where gold is a traditional ​store of value and a popular investment.

As of ‌today, October 23, 2025, gold ⁣prices across ⁣various calibers are as follows: 24 karat gold is trading at 6,297 pounds, while 18‌ karat gold is available for 4,722 pounds. The gold pound currently stands at 44,080 pounds. ​

The Federal Reserve,led by Chairman Jerome‍ Powell,had maintained a steady interest rate for ⁢several⁤ meetings prior to this week’s decision.⁢ The cut reflects ⁣a complex economic landscape, balancing presidential pressure with ‍cautious assessments of economic indicators. Analysts will⁤ be closely⁤ watching for ⁣further signals from the⁢ Fed regarding future monetary policy.

October 23, 2025 0 comments
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Business

Gold Prices in Egypt: Today’s Rates & Market Analysis

by Priya Shah – Business Editor October 20, 2025
written by Priya Shah – Business Editor

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.

October 20, 2025 0 comments
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Business

Gold Price in Egypt Today: 24K, 21K, 18K Prices

by Priya Shah – Business Editor October 20, 2025
written by Priya Shah – Business Editor

Gold Prices ‌Stabilize ‍in⁤ Egypt as⁤ Global Markets React to Federal⁢ Reserve Signals – October 20, 2025

Cairo, Egypt – Gold prices in Egypt held steady at the start⁣ of the trading week on Monday, October 20, 2025, despite a slight uptick in international markets which breached $4,200 per ounce. The relative calm in local purchasing activity is supporting the price⁢ stability, wiht 18-karat gold remaining a ⁢popular choice for consumers seeking more affordable options.

Here’s a breakdown of today’s⁢ gold prices in Egyptian pounds⁢ (EGP):

* 24 Karat: 6,566 EGP
* 21 ‌Karat: 5,745 EGP
* 18 Karat: 4,924 EGP
* Gold Pound: ⁢ 45,960 EGP

federal Reserve Commentary Drives Global Sentiment

The recent gains in gold’s value are​ largely attributed to comments made by Federal Reserve Chairman Jerome‌ Powell. Investors interpreted his statements as signaling a potential ‌shift⁢ towards ‌quantitative easing, boosting confidence in the precious metal as a safe-haven asset.

Powell acknowledged a weakening US labor market, even as the overall economy shows signs of improvement.⁢ He emphasized a data-dependent approach ⁣to future ​interest rate decisions,​ balancing the need to address ongoing ‍inflation with concerns about employment. He also cautioned that navigating monetary policy carries inherent risks, notably the‌ possibility of a significantly weaker​ labor market.

These remarks have fueled market expectations of potential‌ interest rate​ cuts in the coming months,further bolstering gold’s appeal.

Looking Ahead

Market analysts will be closely monitoring upcoming economic data releases and ⁣further commentary from the federal Reserve to gauge the future trajectory of gold prices.The ⁤interplay between inflation, interest rates,‍ and global economic conditions⁤ will continue to be key drivers of market sentiment.

Source: Youm7.com


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* ⁣ Keywords: Gold price Egypt, gold prices today, gold market, Federal reserve, Jerome Powell, interest rates, quantitative easing, 24 karat gold, 21 karat gold, 18 karat gold, gold pound.
*⁢ Meta ​Description: ‌ Get the latest gold prices in Egypt (October 20,‌ 2025). Analysis of market stability⁤ and the impact of Federal⁤ Reserve commentary on ⁣gold’s value.
* Internal Linking: (Future implementation) Link⁢ to other relevant articles ‌on world-today-news.com about economic​ trends, investment strategies, and global market analysis.
* Readability: The ​article is written in‌ clear, concise language, avoiding jargon and technical terms where possible.
* Timeliness: ‌ The article is dated and focuses on current market conditions.
* authority: The ⁣article cites a reputable source (Youm7.com) and provides context for the price movements.

October 20, 2025 0 comments
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Business

Gold Records New Historical High Amid Global Uncertainty

by Priya Shah – Business Editor October 12, 2025
written by Priya Shah – Business Editor

Gold prices ‍continued their upward ⁢trajectory, marking‌ an eighth consecutive week of gains as of⁤ October 12, 2025, fueled by escalating geopolitical tensions and shifting ​expectations regarding U.S. monetary policy. The ⁣precious metal ⁣is poised to possibly⁤ reach new historical highs, bolstered by factors including​ trade disputes and political instability.

The rally gained momentum after U.S. President Donald Trump⁣ announced on Friday that a ⁤planned ⁢meeting with ⁢Chinese President ​Xi Jinping following events in South Korea was off the table, alongside consideration of considerable increases⁢ to tariffs on Chinese imports. This news 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. investors ​are simultaneously monitoring potential‌ government collapses ‌in France, geopolitical risks in Japan,⁤ and the ongoing U.S. ‌government‍ shutdown-all contributing to⁤ gold’s safe-haven appeal.

Analysts anticipate further⁣ gains, projecting a potential‍ surge in gold‍ prices over the next two years, ​despite acknowledging the‍ possibility of short-term corrections ​given ​the recent‌ rapid ascent.​ Investors are also factoring in expectations that the ​U.S. Federal⁣ Reserve ‍will implement 25-basis-point interest rate cuts in both October⁢ and December, following an initial rate reduction earlier⁢ in the year.

Current forecasts suggest a favorable outlook for 21-karat gold, with some ⁤estimates indicating a potential rise to 4500 dollars per ounce.The confluence of these factors-trade uncertainty, political risks, and anticipated monetary easing-is driving demand‍ and supporting gold’s‌ sustained climb.

October 12, 2025 0 comments
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Business

Title: Gold Prices in Egypt Today: 24K, 21K, 18K Prices & Market Analysis

by Priya Shah – Business Editor October 12, 2025
written by Priya Shah – Business Editor

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.

October 12, 2025 0 comments
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