Gold prices stabilized today, Sunday, August 17, 2025, on the global stage, maintaining their recent gains amidst expectations that the US Federal Reserve will cut interest rates in the upcoming September meeting. Globally, gold held its levels, with spot contracts remaining steady after rising last week, while US gold futures contracts saw a slight increase.

In Egypt, gold prices remained stable today, Sunday, at their recent levels following a decline of 40 EGP per gram for 21-carat gold on Friday. The Egyptian Gold Syndicate reported that 24-carat gold is priced at approximately 5205 EGP, 21-carat at 4555 EGP per gram (4655 EGP with manufacturing fees), and 18-carat at 3904 EGP per gram. The price of a gold sovereign also held its ground after its decline, settling at 36440 EGP.

Key Indicators

The global stability in gold prices signals its continued appeal as a safe-haven asset amid current economic expectations, particularly regarding US interest rate decisions.
The influence of anticipated US interest rate cuts on gold prices serves as a leading indicator, driven by global demand for the precious metal.

Regional Perspective

In Egypt, the stability of local gold prices after the recent drop reflects the market's sensitivity to global factors, in addition to local supply and demand dynamics. The 40 EGP drop in the price of 21-carat gold presents an opportunity for both investors and consumers, with the price including manufacturing fees indicating the total cost of purchase.

Immediate Implications

The current stability offers a timely window for potential buyers to capitalize on prices before any future movements potentially driven by US monetary policy decisions.
Investors should closely monitor any changes in interest rates and statements from the US Federal Reserve to make informed decisions regarding their gold investments.

Analysis

The gold market is highly sensitive to shifts in interest rates and inflation expectations. The anticipation of a US rate cut in September could support gold prices in the medium term, making it an attractive investment opportunity. However, any delay or change in these expectations could lead to price volatility. In the Egyptian market, local supply and demand factors, along with the pound's exchange rate, continue to exert a significant influence on final prices.