Gold prices saw a notable increase on Monday, December 22, 2025, influenced by the ongoing volatility in global gold markets. This price movement comes amidst significant anticipation from investors and citizens seeking to hedge against inflation and preserve the value of their savings, as gold has historically been considered the primary safe haven for Egyptians.
Gold prices update today in Egypt
In today's morning trading, various gold carats recorded new highs, with prices (excluding manufacturing costs) as follows:
- The price of a gram of 24-karat gold was recorded at 6697.25 Egyptian pounds for selling and 6674.25 Egyptian pounds for buying. This karat is considered the most expensive and is commonly used in gold bullion for investment.
- The price of a gram of 21-karat gold, which is the most traded and popular karat in Egypt, recorded today 5860 Egyptian pounds for selling and 5840 Egyptian pounds for buying.
- The price of a gram of 18-karat gold, the preferred type for modern jewelry, was recorded at 5022.75 Egyptian pounds for selling and 5005.75 Egyptian pounds for buying.
- The price of a gram of 22-karat gold reached 6139 Egyptian pounds for selling and 6118 Egyptian pounds for buying.
- The price of a gram of 14-karat gold: recorded 3906.75 Egyptian pounds for selling, and 3893.25 Egyptian pounds for buying.
- The price of a gram of 12-karat gold reached 3348.5 Egyptian pounds for selling and 3337.25 Egyptian pounds for buying.
- The price of the gold pound: It recorded a strong jump to reach 46,880 pounds for selling, and 46,720 pounds for buying.
Why is gold considered a safe haven in Egypt?
Monitoring gold prices in Egypt is of particular importance, extending beyond its use as an adornment. Historically, gold has been associated in Egyptian culture with the concepts of "adornment and treasury," with Egyptian families converting surplus cash into gold (especially 21-karat gold and gold coins) to preserve the purchasing power of their money against market fluctuations and inflation.
On the economic front, local prices are influenced by several key factors, most notably the global price of an ounce of gold on the New York Stock Exchange, the exchange rate of the US dollar against the Egyptian pound in local banks, and supply and demand within the Egyptian market. When demand for gold increases for investment purposes, local prices rise even if the global price remains stable, and vice versa.
Tips for investors and prospective buyers
Given these high prices, economists and jewelers advise caution before making buying or selling decisions and recommend monitoring real-time market updates. For long-term investors, gold remains a good savings vehicle that preserves value over the years, while short-term speculation may carry high risks in light of current volatility.
It is worth noting that the prices mentioned above are the raw material prices without taking into account the value of "manufacturing", stamping and tax, which vary from one goldsmith shop to another and from one governorate to another, and usually range between 5% to 10% of the value of the gram, and are higher in gold jewelry compared to bullion.
