Gold prices today, Wednesday, December 24, 2025: a new update.

December 26, 2025
libyawire
Economy
0

The Egyptian market stabilized today, Wednesday, December 24, 2025, following an unprecedented historical surge yesterday, the highest in the history of goldsmiths, as prices broke through all traditional barriers to settle at new record levels.

Gold Prices Today, Wednesday 12/24/2025

24 karat records 6,811 pounds

21 karat records 5,960 pounds

18 karat records 5,108 pounds

Gold pound: 47,680 pounds

It was confirmed that the Egyptian market is currently undergoing a comprehensive re-evaluation phase in light of the precious metal reaching these historical peaks.

It was explained that 6,800 pounds for 24 karat represents a major turning point reflecting global investor anxiety, noting that gold is no longer just a means of adornment but has become the primary and fundamental driver of financial hedging operations for both individuals and institutions.

It was added that the current price gap expresses an immediate response to the geopolitical changes impacting the global economy, as gold remains the only currency that does not lose its luster in the face of paper currency fluctuations.

It was indicated that the Egyptian citizen now possesses significant investment awareness, with a noticeable trend of liquidity moving towards bullion, gold coins, and 24 karat more than traditional jewelry, driven by a desire to preserve value in a safe vessel that achieves real gains in the medium and long term.

Given the current circumstances, the ceiling for increases remains open to new possibilities, especially for 21 karat and 24 karat.

Observers were advised to view gold as a long-term investment, especially since current prices, although they may seem high, still express the fair value of gold in light of current global inflation and the scarcity of investment alternatives that provide the same degree of safety and instant liquidity.

Egyptian market

The Egyptian market, often referred to as a *souk* or bazaar, is a traditional marketplace central to commerce and social life in Egypt, with roots stretching back to ancient times. These vibrant, labyrinthine markets, such as Cairo’s famous Khan el-Khalili which was established in the 14th century, historically served as hubs for trading spices, textiles, and goods along major caravan routes. Today, they remain bustling centers where visitors can experience Egyptian culture, craftsmanship, and cuisine.

Al Ahly

Al Ahly is a major Egyptian sports club based in Cairo, founded in 1907. It is historically one of Africa’s most successful football clubs, with a record number of continental titles, and has played a significant role in Egyptian social and sporting culture for over a century.

Ghazl El Mahalla

Ghazl El Mahalla refers to the Misr Spinning and Weaving Company in the city of El Mahalla El Kubra, which is historically one of the largest and oldest industrial complexes in Egypt. Founded in 1927, it became a major center for Egypt’s textile industry and a significant site for labor movements and political activism throughout the 20th century. The factory and its workforce have played a prominent role in the country’s economic and social history.

Al Sayed Al-Dazwi

Al Sayed Al-Dazwi is a mosque and religious complex located in the city of Damanhur, Egypt. It is the burial site and shrine of the 19th-century Sufi saint Sayed Al-Dazwi, a revered figure in the local Islamic tradition, and serves as an important center for his followers and pilgrims.