Gold Prices Surge in Egypt, 21 Carat Reaches 4900 Pounds
cairo, Egypt – September 12, 2025 – Gold prices in Egypt experienced a notable increase today, reaching an average of 10 pounds per gram, fueled by rising global precious metal costs. the price of 21 carat gold, the most traded in the Egyptian market, now stands at 4900 pounds.
This jump impacts both investors and consumers, particularly as Egyptians traditionally view gold as a safe haven asset during economic uncertainty. the increase comes amid growing anxieties surrounding the American labor market and expectations of potential interest rate reductions by the US Federal Reserve next week, further driving up global demand. The gold pound also rose to 39200 pounds today.
Here’s a breakdown of current gold prices in Egypt:
* 24 Carat: 5600 pounds
* 22 Carat: 5133.25 pounds
* 21 Carat: 4900 pounds
* 18 Carat: 4200 pounds
* 14 carat: 3266.75 pounds
Globally, gold prices are on track for a fourth consecutive week of gains. Spot gold rose 0.6% to $3654.37 per ounce, nearing its recent peak of $3673.95 reached on Tuesday. US gold futures for December delivery increased 0.5% to $3692.80. Analysts suggest continued concerns about the US economic outlook will likely sustain upward pressure on gold prices in the near term.
