The price of gold in Egypt Today, Tuesday, April 29, 2025
The global price of gold
Gold prices fell as the demand for safe haven declined in the short term as a result of the US trade negotiations, as precious metals prices fell as market participants focused on the latest developments in US trade negotiations with 17 major international partners, excluding China.prolonged uncertainty in US-China trade talks and economic instability are expected to continue to support gold's safe haven characteristics in the long term.
The price of gold in Egypt
Gold prices in Egypt fell on Tuesday, as the 21st highest traded gold in Egypt is now trading at levels of 4755 pounds.
The price of 24-carat gold in Egypt also recorded levels of 5434 pounds, while 18-carat gold is trading at levels of 4076 pounds per gram.
On the other hand, the price of the dollar issued in Egypt fell to the levels of 51.10 pounds, while the dollar rate within the official banks in Egypt fell slightly to the levels of 50.88 pounds, and the dollar rate in the black market also fell from the levels of 51.13 pounds.
