Wednesday 14/January/2026 – 01:06 PM
Najib Naguib, a member of the Gold, Precious Metals and Jewelry Division of the Federation of Chambers of Commerce, said: Prices The tastiestHub It is likely to rise further in the coming period, as the price of a gram of 21 carat gold is expected to reach 7,000 pounds during the current year.
International ounce price
Naguib explained, in a special statement to Cairo 24, that the international price of an ounce rose to $4,635, a historical level that had never been reached before, which had a direct and strong impact on the local market.
In Wednesday’s trading, the price of a gram of 21 carat gold recorded about 6,150 pounds, rising by about 40 pounds today only and by about 4% during the first two weeks of January.
The price of a gram of 18-karat gold recorded about 5,270 pounds, 24-karat gold recorded 7,030 pounds, and a gold pound recorded 49,200 pounds, according to the prices of the Gold Division.
Gold and Precious Metals Division
The member of the Gold and Precious Metals Division added that the state of instability between countries and global tensions is pushing gold prices to rise strongly, indicating that the yellow metal will remain a safe haven in light of the current conditions.
Special advice for citizens
The member of the Gold Division advised citizens wishing to invest in the field of gold and those wishing to get married, to accelerate purchases during the current period if the necessary liquidity is available, stressing that prices are still likely to increase further with the continuation of global events, the state of uncertainty and the surrounding geopolitical tensions.
He added that the record highs in gold prices have become a huge burden on young people, noting that accepting mesh made of silver instead of gold may be a practical solution at the present time, especially with the significant exaggeration in the prices of gold jewelry.
Silver is a good investment option
He explained that silver is a good investment option during the next stage, pointing out that its prices are likely to increase, which makes purchasing it in appropriate quantities better than gold in light of the current price levels.
