Saturday 10/May/2025 – 12:15 AM
Gold prices were locally recorded remarkable during the conclusion of yesterday, Friday, May 9, 2025, after the yellow metal yesterday witnessed a decline in global markets.
Gold prices today in Egypt
The price of 24 gram gold
The price of 24 carat gold was about 5400 pounds.
The price of a gram of 21 carat gold
The price of a gram of 21 carat has recorded about 4725 pounds.
The price of 18 carat gold
The price of 18 carat gold was about 4050 pounds.
The price of the gold pound in Egypt
The price of the gold pound recorded about 37800 pounds.
Gold price globally
The world’s ounce price recorded $ 3326.
The US Federal Reserve’s decision to stabilize interest rates unchanged on gold prices, in addition to the statements made by the Speaker of the Council, Jerome Powell, also contributed to the decline in gold prices, especially after a wave of heights that the markets have witnessed during the past days, according to Said Imbabi’s statements, Executive Director of the “i -Salaf” platform for gold and jewelry circulation over the Internet.
Imbabi stressed that gold is still strong support by investors, as a result of the escalation of geopolitical risks and economic certainty in global markets, which enhances the attractiveness of the precious metal as a safe haven in periods of fluctuations.
