Global gold prices are on the rise, reaching near two-month highs and impacting markets in Egypt where 21-karat gold saw a jump of over 40 Egyptian pounds at the start of the trading week.The surge comes as investors seek safety amid ongoing economic uncertainty and closely monitor signals from the U.S. Federal Reserve. A weakening dollar, declining Treasury yields, and anticipation of key U.S. economic data releases are all contributing to gold’s increasing appeal as a store of value.
Gold prices surged during global trading on Monday, December 15, 2025, approaching a record high and prompting a rise of over 40 Egyptian pounds in the price of 21-karat gold at the start of the week. The increase reflects broader investor sentiment towards safe-haven assets amid economic uncertainty.
Gold Prices Today:
– 24-karat gold is currently trading at 6,611 Egyptian pounds.
– 21-karat gold is at 5,785 Egyptian pounds.
– 18-karat gold is valued at 4,856 Egyptian pounds.
– The gold pound is trading at 46,280 Egyptian pounds.
The price of gold continued its upward trajectory, reaching its highest level in nearly two months in the previous session. This was supported by a weakening U.S. dollar and declining Treasury yields as investors await key U.S. economic data releases.
In spot transactions, gold prices increased by 1% to $4,343.62 per ounce, while March gold futures rose 1.1% to $4,375.80 per ounce.
Investors are closely watching for the release of two key U.S. economic indicators this week – the non-farm payrolls report and the Consumer Price Index (CPI) for inflation – as these figures are expected to significantly influence the Federal Reserve’s monetary policy decisions regarding interest rates.
The gains in gold and precious metal prices followed dovish signals from the Federal Reserve, which lowered interest rates last week and announced the commencement of purchases of short-term Treasury bonds starting in December, totaling $40 billion per month. This move signals a shift towards a more accommodative monetary policy and increased liquidity in the markets.
Analysts believe these actions enhance gold’s appeal as a hedge and safe-haven asset, particularly as questions arise regarding the strength of the U.S. economy.
