Gold prices in Egypt rose sharply on August 29, 2025, with 21-karat gold hitting EGP 4,650, following a 2% interest rate cut by the Central Bank. The move, aimed at boosting economic activity, coincides with global gold gains amid a weaker dollar. Lower rates typically drive gold demand, especially as inflation eases and local GDP growth improves. Post navigation Mom-to-be Lee Si-young runs Sydney marathon; star completes 10km while seven months pregnant Canada GDP contracts 1.6% in Q2, US tariffs weigh on exports, first decline in seven quarters