NewsSignals
NewsSignals AI analysis·Zawya·

ZAWYA: Gold prices in Egypt collectively drop on October 25

Grade Bbearish AI signal$XAU
Gold prices in Egypt declined across all reported categories on October 25, reflecting a broad drop in local gold quotations. The international gold ounce was quoted at $3,996.4 for buying, while 24-karat gold fell to EGP 7,209.02 for purchase and 21-karat gold to EGP 6,308.52. The 18-karat gold price reached EGP 5,407.30 for purchase, while gold coins were priced at EGP 50,468.16 for buying, according to Dahab Masr. The continued decline could pressure gold sentiment in Egypt, although further direction will depend on subsequent price movements.

Bullish strength: 20/100

  • Gold remains quoted near $4,000 per ounce internationally.

Bearish strength: 80/100

  • Gold prices declined across all reported categories in Egypt on October 25.
  • The reported international gold ounce price was below $4,000 for buying.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

Gold climbs to two-week high as dollar, yields weaken

Gold climbed 1% to $4,102.50 per ounce, reaching its highest settlement since October 21 as a weaker US dollar and falling Treasury yields boosted demand. The 10-year Treasury yield dropped 5.5 basis points to 4.836%, while silver gained 0.2% to $52.233 per ounce. Gold could face renewed selling pressure if Friday's US jobs report strengthens expectations for a December Fed rate hike, despite improving near-term momentum.

Goldman Sachs trims gold forecasts as Fed stays hawkish

Goldman Sachs cut its end-2026 gold price forecast to $4,150 per ounce from $4,650 and its end-2027 target to $4,800 from $5,400, citing the Federal Reserve's increasingly hawkish policy stance. The bank warned that higher oil prices and equity-market drawdowns could trigger additional gold selling, while central-bank demand and long-term investor interest remain supportive. Lower price targets could pressure gold sentiment, although persistent structural demand may limit downside and support longer-term prices.

Goldman Sachs lowers gold price forecasts on hawkish Fed outlook

Goldman Sachs cut its end-2026 gold price forecast to $4,150 per ounce from $4,650, citing the Federal Reserve's increasingly hawkish policy outlook. The bank also reduced its end-2027 forecast to $4,800 from $5,400, warning that higher interest rates could weigh on investor demand despite continued central-bank buying. Persistent monetary tightening and potential oil-driven selling could pressure gold, although structural central-bank demand and fiscal-risk hedging may limit downside.

Treasury Yields Hover Around Two-Month Lows Ahead of Payrolls — Market Talk

U.S. Treasury yields are hovering near two-month lows as bond markets increasingly price in the possibility of a December Federal Reserve rate hold ahead of October payrolls. The 10-year yield fell to 4.836% and the two-year to 4.475%, while December rate-hold odds climbed to 35% from 17% in one day. Tomorrow's jobs report could trigger a sharp repricing of rate expectations, potentially driving renewed volatility across Treasury yields, the dollar and gold.