Egyptian gold markets witnessed new price movements today , Wednesday, December 24, 2025, with prices recording a slight increase during evening trading. This rise coincides with the volatility prevailing in global gold markets, which has directly impacted the local market.
Gold prices in Egypt today in detail
Below is a detailed list of the latest gold price updates for different carats in the Egyptian market, according to the latest data issued by the Gold Division:
- The price of a gram of 24-karat gold: The purest karat recorded 6834.25 Egyptian pounds for selling, and 6800 Egyptian pounds for buying.
- The price of a gram of 21-karat gold: This is the most traded and popular karat among Egyptians, where its price reached 5980 pounds for selling, and 5950 pounds for buying.
- The price of a gram of 18-karat gold: It recorded about 5125.75 pounds for selling, and 5100 pounds for buying, and it is a preferred choice for lovers of modern gold jewelry.
- The price of a gram of 22-karat gold rose to 6264.75 Egyptian pounds for selling and 6233.25 Egyptian pounds for buying.
- The price of a gram of 14-karat gold reached 3986.75 Egyptian pounds for selling and 3966.75 Egyptian pounds for buying.
- The price of a gram of 12-karat gold: recorded 3417.25 Egyptian pounds for selling, and 3400 Egyptian pounds for buying.
- The price of the gold pound: The price of the gold pound (weighing 8 grams of 21 karat) reached 47,840 pounds for selling, and 47,600 pounds for buying.
Factors affecting the price of gold locally and globally
Gold prices in Egypt are subject to several key factors that cause them to fluctuate constantly. Perhaps the most prominent of these factors is the global price of an ounce of gold on the New York Stock Exchange, in addition to the exchange rate of the US dollar against the Egyptian pound in local banks. The relationship between these factors is generally direct; as the global price rises or the dollar appreciates, local gold prices tend to increase.
Historically, gold has been considered a safe haven for investors and individuals during periods of economic uncertainty or geopolitical tensions. In the Egyptian context, gold represents an important savings vehicle that protects the currency's value from inflation, explaining the continued demand for gold bars, coins (gold pounds), and jewelry.
The importance of gold in Egyptian culture and economy
Gold in Egypt is not merely an investment tool; it holds deep social and cultural significance, particularly in weddings and as a gift. 21-karat gold is considered the "king" in the Egyptian market due to its balance of price and quality, as well as its durability and malleability. Meanwhile, 18-karat gold is increasingly popular in Cairo and other urban areas because of its more intricate designs.
Experts always advise closely monitoring the market before making a buying or selling decision, especially given the rapid price changes that can occur from moment to moment, taking into account the value of the “manufacturing fee,” which varies from one trader to another and from one caliber to another.
