The price of gold in Egypt Today, Wednesday, March 19, 2025
The global price of gold
Gold is retreating from its record peak reached today near the levels of 3045 dollars per ounce, waiting for the Fed's decision this evening.
There is a possibility of profit taking due to the sharp price rise, but it is also possible that prices will exceed the USD 3050 level driven by geopolitical market fears with the collapse of the two-month ceasefire between Hamas and the entity and more than 400 Palestinians were martyred during two days of air strikes of the Zionist enemy.
The price of gold in Egypt
On the other hand, gold prices rose in Egypt on Wednesday, and the 21st highest traded gold in Egypt recorded record levels at 4285 pounds.
The price of 24-carat gold in Egypt also recorded levels of 4897 pounds, while 18-carat gold is trading at levels of 3673 pounds per gram.
The price of the goldsmith's dollar in Egypt is also trading today at the levels of 50.10 pounds, while the dollar price inside the official banks in Egypt rose today at the levels of 50.72 pounds, with the price of the dollar on the black market inside Egypt also rising to the levels of 50.98 pounds.
