The price of gold in Egypt Today, Thursday, February 13, 2025
The global price of gold
Gold futures rose on Thursday near all-time highs amid safe haven demand.
Gold rose today supported by the weakness of the US dollar and growing concerns about US President Donald Trump's tariff plans, which may increase global trade tensions, while waiting for a set of inflation data today will be represented by the producer price index PPI.
Forecasts indicate that if spot gold prices reach the level of 3000 dollars per ounce, this may lead to some profits and opportunities to sell the precious metal.
The price of gold in Egypt
On the other hand, gold prices in Egypt rose on Thursday, as the 21st highest traded gold in Egypt set a new record to reach levels of 4100 pounds.
The price of 24-carat gold in Egypt also recorded rises today towards the levels of 5697 pounds, while 18-carat gold is trading at the levels of 3523 pounds per gram.
The dollar rose on Thursday to reach the levels of 50.10 pounds down to the levels of 50.10 pounds, as the dollar rate within Official banks fell to the levels of 50.68 pounds, the dollar prices in the black market inside Egypt also fell slightly down to 50.95 pounds.
