Gold Price in Egypt today, Wednesday, November 12, 2025
Global Gold Price
The U.S. House of Representatives is set to vote on Wednesday to open the government.
Gold prices stabilized on Wednesday as investors await a vote on a deal to reopen the federal government, which could pave the way for clarity on economic data and the likely path of interest rate cuts by the Federal Reserve.
Gold prices are now trading at $4,131.80 per ounce, and US gold futures for December delivery rose 0.5% to $4,137.20 per ounce.
The U.S. Senate on Monday approved a deal to restore federal funding after a record government shutdown.
House lawmakers returned to Washington on Tuesday to vote on the measure that could formally end the crisis.
Economic data remains in focus, with payroll processor ADP reporting on Tuesday that U.S. companies were shedding more than 11,000 jobs per week through late October.
Meanwhile, market expectations for monetary policy have shifted, with CME Group's FedWatch tool showing a 68% probability of a 25 basis point rate cut at the Fed's next meeting on Dec. 10, up from 62% the day before.
JP Morgan expects the price of gold to exceed $5,000 per ounce by the fourth quarter of 2026.
Gold Price in Egypt
Gold prices rose in Egypt today, Wednesday, with the highest traded 21-carat gold in Egypt now trading at EGP 5520.
The price of 24-carat gold in Egypt also recorded EGP 6309, while 18-carat gold is trading at EGP 4731 per gram.
On the other hand, the price of the goldsmith's dollar fell today to EGP 47.50, with a stabilization of the dollar price inside the official banks in Egypt to EGP 47.29, as well as a stabilization in the price of the dollar in the black market at EGP 47.57.
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