Friday 15/Aug/2025 – 09:38 AM
Gold prices stabilized in the local markets today, Friday, August 15, 2025, where the price of the gold pound recorded about 36520 pounds, and the price of the yellow metal globally witnessed remarkable stability on the World Stock Exchange screen to record 3342 dollars.
Gold prices today in Egypt
The price of 24 gram gold
The price of a gram of 24 carat gold was about 5217 pounds.
The price of 22 grams of gold
The price of a gram of 22 carat has recorded about 4782 pounds.
The price of a gram of 21 carat gold
The price of a gram of 21 carat gold was about 4565 pounds.
The price per gram of 18 carat gold
The price of a gram of 18 carat gold was about 3912 pounds.
Gold pound price
The price of the gold pound recorded 36520 pounds.
Ounce
The ounce price recorded $ 3342.
In a related context, the Executive Director of the Applied Platform said that the state’s endeavor to localize investment in gold funds will provide individual and institutions investors an organized and transparent financial tool, allowing them to benefit from the movements of gold prices without the need to maintain the actual metal, which expands the investor base and increases the depth of the market, and that amending the laws to encourage these funds enhances confidence and attracts new capital, Whether local or foreign.
He added that the establishment of a refining of gold is a qualitative shift in the infrastructure of the industry, as it allows Egypt to control the quality of production and reduce dependence on the outside in refining operations, as well as the possibility of providing its services to the countries of the region, which turns the country into a regional center for the gold and industry.
He pointed out that the importance of this step also lies in supporting the non -oil economy and diversifying the sources of income, in addition to creating direct and indirect job opportunities in the fields of mining, refining, marketing and logistical services, as it enhances Egypt’s ability to benefit from its geographical location as a portal of trade between Africa and the Middle East.
During the weekly conference of the Council of Ministers, Prime Minister Dr. Mustafa Madbouly affirmed that the government is heading towards resettlement of investment in gold funds during the coming period, by making amendments to some regulatory laws, with the aim of strengthening this type of investment in light of the increasing demand of citizens to gold as a tool for hedge and investment.
Madbouly pointed out that the Egyptian state is working to create more than one refinery to refine gold, to meet the needs of the local market and provide its services to foreign markets, in order to support Egypt’s position as a regional center for the industry and trade of gold.
