The latest data from the gold market highlights the ongoing fluctuations in gold prices in Egypt and globally as of Thursday, June 5, 2025. In Egypt, the price of gold per gram varied across different karats: 24-karat gold was priced at 5,360 Egyptian pounds, 21-karat at 4,690 pounds, 18-karat at 4,020 pounds, and 14-karat at 3,127 pounds. The price of a gold pound reached 37,520 pounds. Globally, gold prices remained relatively stable, with an ounce trading around $3,355. The highest recorded price was $3,372, while the lowest was $3,346. Investors are closely monitoring market movements, especially amid expectations of trade talks between U.S. President Donald Trump and Chinese President Xi Jinping. Additionally, concerns about global economic slowdowns, highlighted by warnings from the OECD, have kept demand for gold as a safe-haven asset strong. Meanwhile, geopolitical tensions and evolving monetary policies continue to influence market sentiment.
— new from اليوم السابع
