Gold prices locally and globally today, Monday, December 29, 2025

Gold Price in Egypt and the World today, Monday, December 29, 2025

Gold Price Globally

The price of gold fell strongly on Monday to below $4500 per ounce, reaching levels of $44455 per ounce, likely due to profit-taking and signs of easing geopolitical tensions.

President Donald Trump stated that peace talks with Ukrainian President Volodymyr Zelensky have made significant progress, although it could take weeks to reach an agreement.

He added that he is open to addressing the Ukrainian parliament, holding trilateral talks with Zelensky and Putin, and meeting with European leaders in January.

Zelensky said the overall framework is 90 percent agreed upon and that security guarantees between the United States and Ukraine have been fully resolved, although some key issues remain outstanding.

On a technical level, we continue to expect gold to continue to rise and that this pullback is just a profit-taking correction.

Gold prices have risen more than 70% this year and are on track for their strongest annual gain since 1979, supported by central bank purchases, continued ETF inflows, ongoing geopolitical risks, Fed interest rate cuts, and market expectations of further monetary easing next year.

 

Gold Price in Egypt

Gold prices fell in Egypt today, Monday, as the highest traded 21-carat gold in Egypt is now trading at 6030 pounds, after it approached 6100 pounds yesterday.

The price of 24-carat gold recorded EGP 6891, while 18-carat gold is trading at EGP 5169 per gram.

On the other hand, the price of the goldsmith's dollar rose today to 47.80 pounds, with a rise in the price of the dollar inside the official banks in Egypt to 47.65 pounds, as well as a rise in the price of the dollar on the black market to 47.90 pounds.

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