Wednesday 25/March/2026 – 07:03 AM
Gold prices in the local market witnessed remarkable stability during trading on Wednesday, March 25, 2026, as the most traded 21 karat recorded about 6,840 pounds per gram, while the price of 24 karat reached about 7,815 pounds, according to the prices of the Gold Division.
Gold prices in Egypt today, Wednesday
This stability was driven by relative stability in the Goldsmiths Dollar at the level of 55.28 pounds, coinciding with fluctuations in global prices and investors’ skepticism about the possibility of reaching a rapid lull in hostilities in the Middle East, which kept gold as a safe haven despite the pressures of rising interest rates.
Gold price in Egypt
The price of a gram of 18 karat recorded about 5,865 pounds, while 14 karat settled at 4,560 pounds, and the price of a gold pound reached 54,720 pounds. This stability reflects the state of anticipation among traders and consumers following conflicting political statements about negotiations to end the conflict, as the Iranian side’s denial of the existence of direct talks with the US administration led to a reduction in the optimism that prevailed in the markets yesterday, which restored gold’s consolidation above its recently recorded levels.
The effect of the dollar on the yellow metal
Gold settled in global spot transactions at $4,408.77 per ounce, after touching its lowest levels in four months during the previous session. The markets were affected by a slight rise in the US dollar against the major currencies, as the pound sterling fell by 0.51% to reach $1.3387, and the euro fell by 0.27%, which increased technical pressure on the yellow metal, which does not generate a return in an environment characterized by high bond yields and inflation expectations imported from energy prices, according to Reuters.
Global commodity experts at TD Securities believe that the continuation of the war and the rise in energy prices may put additional pressure on gold during the second quarter of this year, as a result of the possibility of central banks resorting to tighter monetary policies.
However, the outlook remains positive towards the end of the year with the Federal Reserve potentially giving more freedom to cut interest rates and the dollar’s strength declining, which could restore gold’s appeal as a key hedge against long-term geopolitical and economic risks.
