Gold Reaches New Highs in Egypt Amid Global Economic Uncertainty
Cairo, Egypt – november 4, 2025 - Gold prices in Egypt surged Tuesday morning, reaching record levels following weeks of market volatility. The price of an ounce reached $3,995 as of this morning, fueled by geopolitical tensions and increased demand from central banks.
The increase impacts both investors and consumers in Egypt,where gold is a conventional store of value and a popular investment. Experts predict further price increases, potentially reaching 5,500 Egyptian pounds per 21 karat in the near future. This comes as the U.S. dollar strengthens, making gold more expensive for those holding other currencies.
Here’s a breakdown of current gold prices in Egypt as of November 4, 2025:
* 24 Karat: 6,114 Egyptian pounds
* 21 Karat: 5,350 Egyptian pounds
* 18 Karat: 4,586 Egyptian pounds
* Gold Pound: 42,800 Egyptian pounds
The rising gold prices coincide with uncertainty surrounding U.S. monetary policy. The Federal Reserve Bank recently announced a quarter-degree interest rate cut, but Chairman Powell indicated the bank remains undecided on further reductions during its December meeting. Ongoing closures within the U.S. government are also contributing to economic caution and influencing the Federal Reserve’s decisions.
