The price of the gold pound in Egypt stabilized during the morning trading on Tuesday, August 26, 2025, coinciding with steady prices of various gold carats in the local market after limited declines yesterday evening influenced by global ounce movements. The gold pound, weighing 8 grams of 21-carat gold, was priced at about 36,520 Egyptian pounds in the jewelry market, excluding craftsmanship fees, taxes, and stamps. Gold prices today in Egypt: 24-carat gold at 5,217 EGP per gram, 21-carat at 4,565 EGP per gram, and 18-carat at 3,912 EGP per gram. Globally, gold trades near $3,350 per ounce amid anticipation of the US Federal Reserve’s interest rate decisions in September. Futures markets price in over an 84% chance of a rate cut, which supports gold in the near term.
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