Gold prices in Egypt rose on Thursday, in line with movements in global bullion markets and fluctuations in the local exchange rate.
As of 16:10 local time (13:10 GMT), 24-carat gold was trading at 6,365.75 Egyptian pounds per gram, up from 6,297.25 pounds on 22 October, according to market data.
| Metal | Oct. 23 (EGP) | Oct. 22 (EGP) | Change | Change % |
| 24-carat |
6,365.75 |
6,297.25 |
+68.50 | +1.09% |
| 21-carat |
5,570.00 |
5,510.00 |
+60.00 | +1.09% |
| 18-carat |
4,774.25 |
4,722.75 |
+51.50 | +1.09% |
| 14-carat |
3,713.25 |
3,673.25 |
+40.00 | +1.09% |
| Gold Pound |
44,560 |
44,080 |
+480.00 | +1.09% |
Gold prices in Egypt are largely influenced by international market movements, the US dollar exchange rate, and local supply and demand conditions.
(1 US dollar = 47.5429 Egyptian pounds)
Attribution: Amwal Al Ghad English