Gold prices in Egypt witnessed a notable increase during trading on Monday, December 1, 2025, continuing the volatility that has characterized local and global markets. This rise comes amidst anticipation among both investors and citizens, particularly given the significant role gold plays as a safe haven and store of value in Egyptian culture. The price of a gram of 21-karat gold, the most popular and widely traded type in Egypt, is considered the primary indicator closely monitored by everyone.
Gold prices in Egypt today, Monday, December 1, 2025
Below is a detailed list of gold prices for different carats in evening trading, according to the latest updates:
- The price of a gram of 24-karat gold is 6480 Egyptian pounds for selling and 6440 Egyptian pounds for buying.
- The price of a gram of 22-karat gold is 5940 Egyptian pounds for selling and 5903.25 Egyptian pounds for buying.
- The price of a gram of 21-karat gold is 5670 Egyptian pounds for selling and 5635 Egyptian pounds for buying.
- The price of a gram of 18-karat gold is 4860 Egyptian pounds for selling and 4830 Egyptian pounds for buying.
- The price of a gram of 14-karat gold is 3780 Egyptian pounds for selling and 3756.75 Egyptian pounds for buying.
- The price of a gram of 12-karat gold is 3240 Egyptian pounds for selling and 3220 Egyptian pounds for buying.
- The price of a gold pound is: 45,360 pounds for selling, and 45,080 pounds for buying.
Global factors affecting gold prices
Local gold price movements cannot be understood without considering the broader picture in global markets. The global price of gold is inversely related to the US dollar; when the dollar weakens, the price of gold tends to rise because it becomes less expensive for buyers using other currencies. Monetary policy decisions by major central banks, particularly the US Federal Reserve, also play a pivotal role. Raising interest rates increases the opportunity cost of holding gold, which does not generate interest, potentially putting downward pressure on its price, and vice versa. Furthermore, geopolitical tensions and global economic data, such as inflation and unemployment rates, contribute to increased uncertainty, driving investors toward gold as a safe haven.
The importance of gold in the Egyptian market and its impact
In Egypt, gold holds special cultural and economic significance. It is not merely an investment commodity, but an integral part of social customs, particularly those related to marriage (the dowry). Many Egyptians also consider it a primary hedge against the erosion of the local currency's purchasing power and a means of coping with high inflation rates. Therefore, any change in its price directly impacts household budgets and financial decisions. The local price in Egypt is influenced by two main factors: the global price of an ounce of gold and the exchange rate of the Egyptian pound against the US dollar, in addition to supply and demand dynamics within the domestic market.
Given these circumstances, the gold market remains in a state of anticipation. Experts advise consumers and investors to follow daily price updates and monitor global and local economic indicators before making buying or selling decisions. Price volatility is expected to continue in the short term, closely linked to any new economic or political developments on the international stage.
