As of April 19, 2025, gold prices in Egypt are experiencing a notable level of stability after a period of significant fluctuations. The recent Eid al-Fitr holiday saw historical price jumps, both locally and globally, prompting increased public interest in the gold market. Today, the price of 21-karat gold is reported to be stable, showing an increase of approximately 20 Egyptian pounds since the last adjustment.
According to the latest updates from the General Division of Gold, the price of 24-karat gold today stands at 5,462.86 Egyptian pounds. Meanwhile, the price for a gram of 21-karat gold has reached 4,780 Egyptian pounds, and the price for 18-karat gold is set at 4,097.14 Egyptian pounds. Additionally, the price of a gold pound is currently 38,240 Egyptian pounds.
The global gold price has also seen a remarkable increase, now reaching $3,326 per ounce. This surge is largely attributed to recent economic policies, including former President Donald Trump's decision to raise U.S. tariffs, which has sparked an economic conflict with China. Such decisions are seen as pivotal in influencing gold prices, driving them to record highs.
Continuous tracking of gold prices is crucial for various stakeholders, including investors, traders, and those planning weddings. Understanding these prices can lead to smarter financial decisions regarding buying or selling gold. Furthermore, gold prices serve as a barometer for the overall economic climate, especially amid ongoing market volatility and inflation concerns.
In the context of local gold stores, the prices today reflect a blend of stability and cautious optimism. The price of 24-karat gold is 5,466 Egyptian pounds for selling and 5,443 for buying. The 22-karat gold is priced at 5,010 pounds for selling and 4,989 for buying. For 21-karat gold, the selling price is 4,783 pounds and the buying price is 4,763 pounds. The price of 18-karat gold is 4,100 pounds for selling and 4,082 pounds for buying, while the 12-karat gold is priced at 2,733 pounds for selling and 2,722 pounds for buying.
For those dealing in U.S. dollars, the prices are slightly different. The selling price for 24-karat gold is $106.97, with a buying price of $106.52. The 22-karat gold is selling for $98.04 and buying for $97.63. The 21-karat gold is priced at $93.60 for selling and $93.21 for buying. The 18-karat gold is selling for $80.23 and buying for $79.88, while the 12-karat gold is $53.48 for selling and $53.27 for buying. The price of a gold ounce in dollars is $3,327.05 for selling and $3,312.64 for buying. Lastly, the gold pound (8 grams) is priced at $748.80 for selling and $745.68 for buying.
The gold market remains a focal point for many Egyptians, with search engines and social media buzzing with inquiries about current prices. As the market adjusts to both local and international influences, consumers are advised to stay informed about price changes to make educated decisions.
In summary, as of today, April 19, 2025, the gold market in Egypt shows signs of relative stability amidst a backdrop of recent volatility. With prices reflecting both local demand and global economic trends, stakeholders are encouraged to monitor these developments closely.
