Gold prices locally and globally today, Tuesday, August 26, 2025

The price of gold in Egypt Today, Tuesday, August 26, 2025

The global price of gold

Gold prices fluctuated on Tuesday between ups and downs, but the rise prevails on the precious metal, with the expectation of personal consumption expenditures inflation looming on Friday, and then interest rates next September.

The precious metal touched a two-week high near the levels of 3,386 dollars per ounce before losing most of its gains during the session.

We still expect further growth in the coming period, as we mentioned in the weekly analysis video here

Gold analysis

In a post on the truth social website, Trump published Cook's termination letter, but cook quickly denied these allegations, saying that Trump does not have the authority to fire me.

Under US law, the president can dismiss a Fed governor only for a good reason, and the matter is subject to judicial review.

 

The price of gold in Egypt

Gold prices in Egypt fell strongly on Tuesday, with the 21st highest traded gold in Egypt now trading at levels of 4585 pounds.

The price of 24-carat gold in Egypt also rose to levels of 5240 pounds, while 18-carat gold is trading at levels of 3930 pounds per gram.

On the other hand, the price of the dollar minted in Egypt rose today to the levels of 48.30 pounds, and the dollar price inside the official banks in Egypt rose to the levels of 48.65 pounds, and the dollar also rose in the black market to the levels of 48.95 pounds.

 

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