The price of gold in Egypt Today Monday, August 11, 2025
The global price of gold
Gold prices fell on Monday with the start of the week's trading for the second day in a row, and gold futures also fell to reach levels of 3,418 dollars per ounce, after having reached an all-time high last Friday at 3,534 dollars per ounce.
After a state of confusion about possible US tariffs on the precious metal. The US Customs authorities allegedly classified the kilogram and 100-ounce ingots as subject to import duties, although the White House said it would issue a clarification on this, as this contradicts an earlier exemption in April.
The markets are now turning to Tuesday's inflation data for hints about the US Federal Reserve's course towards easing monetary policy, as low interest rates usually enhance the attractiveness of non-interest-yielding gold.
The price of gold in Egypt
Gold prices in Egypt fell on Monday, as the 21st highest traded gold in Egypt is now trading at levels of 4588 pounds.
The price of 24-carat gold in Egypt also recorded declines to the levels of 5243 pounds, while 18-carat gold is trading at the levels of 3933 pounds per gram.
On the other hand, the price of the dollar issued in Egypt rose to the levels of 48.50 pounds, while the dollar price inside the official banks in Egypt also rose slightly at the levels of 48.53 pounds, and also the dollar price in the black market to the levels of 48.79 pounds.
