Today : Apr 07, 2025
Economy
07 April 2025

Egypt Sees Stable Butane Gas And Gold Prices Today

Consumer interest rises amid ongoing economic fluctuations impacting essential commodities.

On April 7, 2025, a notable increase in consumer interest regarding the prices of butane gas cylinders was observed in Egypt, reflecting a broader concern among households about essential commodities. This surge in inquiries was highlighted in trending searches on Google, where many citizens sought clarity on the current costs of gas cylinders, a staple in daily life.

The Ministry of Supply has been proactive in addressing these concerns, aiming to maintain price stability and prevent manipulation in the market. The government is committed to ensuring that essential services remain accessible to all citizens at official prices, especially as the country transitions towards broader natural gas supply systems.

As for the current prices, the cost of a 12.5 kg butane cylinder from suppliers is set at approximately 150 Egyptian pounds, while consumers are expected to pay around 170 Egyptian pounds for the same cylinder. For larger 25 kg cylinders, the supplier price is 200 Egyptian pounds, with consumers paying about 220 Egyptian pounds.

In addition to butane prices, the government has also released updated costs for natural gas consumption in residential buildings. For households using more than 60 cubic meters, the price stands at 4.00 Egyptian pounds per cubic meter. Those consuming between 30 and 60 cubic meters will pay 3.35 Egyptian pounds, while households using less than 30 cubic meters will see a rate of 2.60 Egyptian pounds per cubic meter.

Meanwhile, the gold market in Egypt is also experiencing fluctuations, reflecting the global economic climate. On the same day, the price of gold remained relatively stable in local markets, despite recent global volatility. The price for 24-carat gold was reported at 5011 Egyptian pounds, while the more commonly traded 21-carat gold was priced at 4385 Egyptian pounds.

The stability of gold prices in Egypt comes amid a backdrop of significant global economic changes. Recent reports indicated that the international price of gold had dipped by about 2.47% to approximately 3038 dollars per ounce, following a peak of 3168 dollars. This decline has been attributed to economic disruptions caused by tariff implementations by the U.S. government.

In detail, the prices for various gold carats in Egypt are as follows: 18-carat gold is priced at 3758 Egyptian pounds, while 14-carat gold stands at 2923.25 Egyptian pounds. These prices are crucial for consumers and investors alike, as they reflect both local market conditions and international trends.

The fluctuations in both the butane gas and gold markets highlight the interconnectedness of local economies with global trends. As Egypt continues to navigate these economic challenges, the government’s efforts to stabilize prices will be closely monitored by citizens and market analysts alike.

In conclusion, as April 7, 2025, unfolds, consumers in Egypt are keeping a vigilant eye on the prices of essential commodities like butane gas and gold. The government's commitment to preventing price manipulation and ensuring availability will be key in maintaining public trust and stability in these critical markets.