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المصري اليوم
Gold drops below 6,000 on June 25
Gold prices in Egypt experienced relative stability today, Thursday, June 25, 2026. The price of 21-karat gold approached less than 6,000 Egyptian pounds after a significant decline, amid ongoing drops in global gold prices due to the rise of the US dollar and expectations of an interest rate hike by the Federal Reserve. The price of an ounce fell by 0.7%, approaching its lowest level in seven months, contrasted with a decline in other precious metals. It is worth noting that gold has lost about 30% of its value since reaching its peak in January, leading to a decrease in demand for the precious metal both worldwide and locally.
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