Gold prices in Egypt stabilized on Friday, August 8, 2025, after an increase supported by renewed demand for safe havens following US President Donald Trump’s imposition of an additional 25% tariff on Indian imports, escalating trade disputes. The price per gram of 24-karat gold was 5257 Egyptian pounds, 4600 pounds for 21-karat, and 3942 pounds for 18-karat, while the gold pound price reached 36800 pounds. Gold surpassed Wednesday’s losses and continued to rise, reaching its highest level in two weeks, facing psychological resistance at $3400 per ounce. The new tariffs, effective 21 days after August 7, will raise some Indian export tariffs to 50%, among the highest imposed on any US trading partner. These decisions caused the US dollar to fall against a basket of major currencies, helping gold prices rise due to their inverse relationship. Additionally, the recent decline in US government bond yields supported global gold prices by reducing the opportunity cost of holding non-yielding gold.