Gold prices in Egypt on Monday, August 25, 2025, saw a slight decline during evening trading, with the price of 21-carat gold – the best-selling in the local market – dropping by 10 Egyptian pounds, influenced by a global drop in the ounce price at the time of coverage.

Gold prices in Egypt:

24-carat gold price: 5217 EGP per gram
21-carat gold price: 4565 EGP per gram
18-carat gold price: 3912 EGP per gram

Global gold prices fell at the start of the week due to increased demand for US stock markets amid rising expectations that the US Federal Reserve will cut interest rates next September.

US Federal Reserve Chairman Jerome Powell indicated last week that a rate cut is still on the table, but the decision is not finalized due to ongoing inflation and unclear impacts of tariffs imposed by US President Donald Trump.

According to Federal Reserve futures contracts, the probability of a rate cut rose to 84.1% compared to 70% last week, which temporarily benefited gold before investors’ risk appetite pushed them to sell the yellow metal in favor of stocks.

Gold is currently moving near a key support level at $3350 per ounce, with the continuation of the upward trend depending on a decline in inflation levels, especially the personal consumption expenditures index, which is the Fed’s preferred measure.