The price of gold in Egypt Today, Tuesday, April 15, 2025
The global price of gold
Gold rose slightly during today's trading on Tuesday, as it is now trading near the levels of 3220 dollars per ounce, as traders are still worried about any comments that may move the market from the US President.
The markets are experiencing a state of tension now and risk appetite fluctuates, which keeps gold at the forefront as a safe haven amid the prevailing uncertainty in the markets.
As traders currently expect an 83 basis point interest rate cut by the Federal Reserve this year, non-yielding bullion tends to thrive in a low interest rate environment.
The price of gold in Egypt
Gold prices rose in Egypt Today, Tuesday, where the 21st highest traded gold in Egypt is trading at the levels of 4625 pounds after it exceeded the levels of 4700 pounds.
The price of 24-carat gold in Egypt also recorded levels of 5286 pounds, while 18-carat gold is trading at levels of 3964 pounds per gram.
The price of the goldsmith's dollar in Egypt also fell today to the levels of 51.00 pounds, with a slight decline in the dollar price inside the official banks in Egypt to the levels of 51.03 pounds, while the dollar price on the black market inside Egypt rose to the levels of 51.25 pounds.
