Tuesday 07/October/2025 – 03:38 PM
After gold prices exceeded astronomical levels at the global and local levels during the recent period, the process of searching for many citizens and those wishing to invest in gold bars and enlightens, to know the optimal time for sale and purchase, amid the state of economic uncertainty and global economic movements, the most important of which is the increasing expectations to reduce American interest rates during the next meeting by the American Federal Reserve, along with customs duties imposed by US President Donald Trump, as well as regional geopolitical conditions.
In this context, the expert of the golden artifacts, Eng. Saeed Imbabi, Executive Director of the Aye Platform for Gold Trading online, said that global gold prices are still moving in an upward direction, and greatly affecting prices in the local market, noting that the ounce may exceed the 4000 dollar barrier this year, constantly driven by US interest reduction policies and high demand from central banks and global investors.
Gold expert: The ounce may exceed 4000 dollars this year … and the direction of gold in Egypt is still rising
Embaby stressed during statements to Cairo 24, that the price of gold in Egypt will remain directly related to the price of the ounces globally and the exchange rate of the dollar against the Egyptian pound, which means that the local market may witness new price peaks during the coming period, especially in light of the state of economic uncertainty at the international level.
Gold in Egypt .. savings and investment opportunity
The gold expert added that the yellow metal currently represents the safe and most conservative reserve, especially for those who have a financial surplus and want to save in the medium or long term, advising to invest in alloys and golden pound as the safest tools under the current economic conditions.
With regard to short -term investment, Imbabi advised to follow the price of gold in Egypt first -hand, and to exploit periods of temporary decline or price correction as appropriate opportunities for purchase, stressing that the general trend is still ascending until now.
Does gold return under 5000 pounds to the gram?
In response to questions about the possibility of the price of gold to decline to less than 5,000 pounds per gram, Imbaby excluded this at the present time, noting that any upcoming decline will be limited and unprecedented, and may happen if the war stops in Gaza, but he stressed that the continued banks ’tendencies towards reducing interest rates is in the interest of gold, and enhances its future gains.
China continues to enhance its gold reserves for the 11th consecutive month
The Chinese People’s Bank (Chinese Central Bank) continued to buy gold for the eleventh month in a row, in a move that reflects Beijing’s continuation in implementing its strategy to diversify the assets of reserves and reduce dependence on the US dollar, in light of the escalation of economic and geopolitical tensions globally.
According to Bloomberg, China’s gold reserves rose to 74.06 million ounces at the end of September 2025, compared to 74.02 million ounces at the end of last August, as the total value of these reserves amounted to 283.29 billion dollars, compared to $ 253.84 billion in the previous month, which reflects a noticeable increase in value despite the slight rise in quantities.
Gold prices today in Egypt
The price of 24 gram gold
24 carat record: 6068 pounds per gram.
The price of 22 grams of gold
22 carat record: 5547 pounds per gram.
The price of a gram of 21 carat gold
21: 5310 pounds per gram.
The price per gram of 18 carat gold
18 carat record: 4551 pounds per gram.
Gold pound price
Gold pound: 42480 pounds.
The price of an ounce globally
Oidal price: $ 3969.
