The price of gold in Egypt Today, Tuesday, March 18, 2025
The global price of gold
Gold prices rose on Tuesday to a new record high, as gold prices rose near 3,028 dollars per ounce, surpassing the previous record set last Friday at 3,005 dollars per ounce.
The reasons for this rise were the decline in the US dollar due to weak economic data and concerns about the pace of growth in the United States, along with the increasing burden of public debt, geopolitical tensions are back on the rise in the Middle East after the Zionist entity bombed the Gaza Strip again after the previous truce, also the escalation of the trade conflict caused by US tariff policies attract investors to gold as a safe investment option.
The price of gold in Egypt
On the other hand, gold prices rose in Egypt on Tuesday, and the 21st highest traded gold in Egypt reached record levels at 4250 pounds.
The price of 24-carat gold in Egypt also recorded levels of 4857 pounds, while 18-carat gold is trading at levels of 3643 pounds per gram.
The price of the goldsmith's dollar in Egypt is also trading today at the levels of 50.00 pounds, while the dollar price inside the official banks in Egypt declined today at the levels of 50.57 pounds, with the dollar price also declining on the black market inside Egypt to the levels of 50.83 pounds.
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