Cairo – Gold retained its value for Egyptian consumers on Monday, even as international gold prices climbed to $4,338 per ounce amid traditionally slow holiday trading. The discrepancy highlights the unique dynamics of the Egyptian market, where local demand and global exchange pauses can frequently enough offset international fluctuations. Despite the global gains, prices for 24-, 21-, and 18-karat gold held steady against the Egyptian pound, offering a brief respite for buyers during the peak season for gold gifting.
Gold prices in Egypt remained stable during trading on Monday, December 22, 2025, despite gains in the global gold market. The price of an ounce rose to $4,338, an increase of 0.9%. This stability comes as global markets experience holiday trading patterns.
The steady prices in the local market are attributed to a lull in global ounce trading coinciding with exchange holidays, coupled with relatively consistent domestic demand. As a result, different karat prices held steady compared to the previous day’s transactions.
24-karat gold was trading at 6,611 Egyptian pounds per gram, representing the highest purity level.
21-karat gold, the most widely traded in the Egyptian market, remained at 5,785 Egyptian pounds per gram, maintaining its recent levels.
18-karat gold was priced at 4,958 Egyptian pounds per gram, while a gold pound registered 46,280 Egyptian pounds.
Market participants are anticipating price movements in the coming days as global trading resumes. The precious metal continues to be influenced by global monetary policy trends and demand for safe-haven assets.
