Gold prices in Egypt Today, Friday, March 28, 2025
The global price of gold
Gold prices rose on Friday to a new record highnear the levels of 3086 dollars per ounce, especially with the increasing expansion of the trade war led by US President Trump, prompting investors to look for the most important safe havens in the yellow metal. The main reasons for the rise of gold are geopolitical and economic uncertainty, inflation fears, as well as strong demand from central banks.
Now the levels of 3100 dollars per ounce are in sight and are reaching them soon, as forecasts indicate.
On Friday, the markets are waiting for the US Personal Consumption Expenditures data, which is the Fed's preferred indicator for measuring inflation.
The price of gold in Egypt
Gold prices rose in Egypt Today, Friday, where the 21st highest traded gold in Egypt is trading at levels of 4345 pounds.
The price of 24-carat gold in Egypt also recorded levels of 4966 pounds, while 18-carat gold is trading at levels of 3724 pounds per gram.
The price of the dollar minted in Egypt rose today at the levels of 50.30 pounds, the dollar price inside the official banks in Egypt also rose slightly today near the levels of 50.62 pounds, with a slight rise in the price of the dollar on the black market inside Egypt to the levels of 50.90 pounds.
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