Gold Prices Decline in Egypt on Sunday, February 9, 2025
Gold prices in Egypt dropped on Sunday, February 9, 2025, with the price of 21-karat gold falling to 4,000 EGP per gram, marking a loss of 5 EGP compared to 4,005 EGP in Saturday’s trading session.
Gold Prices by Karat in Egypt
18-Karat Gold The price of 18-karat gold recorded a decline of 6 EGP, reaching 3,429 EGP per gram, down from 3,433 EGP in Saturday’s trading.
24-Karat Gold The price of 24-karat gold stood at 4,571 EGP per gram, while 22-karat gold recorded 4,190 EGP per gram on Sunday.
Gold Pound Price in Egypt
The price of the gold pound (weighing 8 grams of 21-karat gold) fell by 40 EGP, reaching 32,000 EGP, compared to 32,040 EGP on Saturday.
Gold Ounce Price in Egypt
The price of a gold ounce (31.1 grams) recorded a decline of 178 EGP, settling at 142,187 EGP, compared to 142,365 EGP on Saturday.
Market Outlook in Egypt
The decline in gold prices in Egypt reflects fluctuations in global markets, investor sentiment, and local demand and supply trends. Analysts suggest that factors such as economic conditions, central bank policies, and geopolitical influences will continue to shape price movements in the coming days.
