Gold Prices in the Egyptian Market Today: 18-Carat Gold Reaches 4,826 EGP
Date: Sunday, November 30, 2025
Source: Youm7
The Egyptian gold market witnessed an uptick in prices as of the latest trading update on November 29, 2025. Notably, the price of 18-carat gold rose to 4,826 Egyptian Pounds (EGP) per gram, reflecting increased demand amid global market movements.
Current Gold Prices by Carat in Egypt:
- 24-Carat Gold: 6,429 EGP per gram
- 21-Carat Gold: 5,625 EGP per gram
- 18-Carat Gold: 4,826 EGP per gram
- Gold Bullion (Gram): 45,000 EGP
Global Gold Market Trends
Internationally, the price of gold has surged to a two-week high. The spot price of one ounce of gold climbed by 3.7% over the past week, reaching $4,226 per ounce at its peak before settling at $4,215. This marks an increase from $4,067 at the start of the week, according to data from Gold Bullion. The consistent rise throughout November totaled 5.3%, marking the fourth consecutive month of gains for precious metals.
Key factors driving gold’s upward trajectory include expectations that the U.S. Federal Reserve will lower interest rates in the near term. Such monetary easing typically reduces the opportunity cost of holding non-yielding assets like gold, boosting their appeal. Traders now assign an 87% probability to a rate cut happening in December, up from 50% just a week prior.
Market Interruptions and Economic Outlook
The global commodity markets, including futures contracts for gold and other assets, briefly halted trading on the CME Group platform due to technical interruptions. However, trading has since resumed.
Economic forecasts anticipate continued slowdowns through 2026, reinforcing market views that the Federal Reserve will likely prioritize monetary easing to support growth. As a result, investors are increasingly turning toward gold as a safe haven amid uncertain economic conditions.
Egyptian Market Context
In Egypt, gold prices are influenced by international trends as well as local demand and supply dynamics. The recent increases in price for all carat levels highlight growing investor interest and consumer demand. The 18-carat gold price, widely favored for jewelry, now stands at 4,826 EGP per gram.
Investors and consumers are advised to stay updated on market movements, as prices may fluctuate based on global financial policy decisions and domestic economic conditions.
For ongoing updates on gold prices and related market news, stay tuned to reliable financial news sources.