Gold price in Egypt Today Friday 04 July 2025

The global gold price

Gold prices rose on Friday around the levels of 3,340 dollars per ounce, despite falling in the previous session, as the precious metal is on its way to a weekly gain despite interest rate fluctuations and trade uncertainty.

Gold prices fell during the previous session trading on the back of stronger-than-expected US non-farm payrolls data, as these surprising data reduced the prospects of the Federal Reserve cutting interest rates in the near term, and pushed the US dollar and US Treasury bond yields to rise, however, gold remains well supported by safe haven demand amid geopolitical and trade uncertainty, including impending tariff deadlines on July 9.

The price of gold in Egypt

Gold prices rose in Egypt on Friday,with the 21st highest traded gold in Egypt now trading at yesterday's levels at 4650 pounds.

The price of 24-carat gold in Egypt also recorded levels of 5314 pounds, while 18-carat gold is trading at levels of 3986 pounds per gram.

On the other hand, the price of the dollar minted on Friday in Egypt rose to the levels of 49.50 pounds unchanged, while the dollar rate within the official banks in Egypt did not move around the levels of 49.40 pounds, and the dollar rate in the black market is also around from the levels of 49.66 pounds.

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