Gold Price Movements in the Third Week of August 2025

Gold prices rose 1% to close at $3,371 per ounce in the third week of August 2025, while silver outperformed, climbing 2.37% to $38.89 per ounce. In Egypt, 21-karat gold reached 4,606 EGP per gram.
This performance was supported by Jerome Powell’s remarks at Jackson Hole, which hinted at a possible Fed rate cut in September, triggering a 0.9% decline in the US Dollar Index and boosting safe-haven demand for gold and silver.
The report covers key economic events, market sentiment, central bank actions, forward-looking scenarios, and technical analysis of support and resistance levels for gold and silver globally and locally.