Gold prices in Egypt rose on Wednesday, gaining 0.18 per cent across major purities as softer domestic demand weighed on the local market, according to official pricing platforms.
At 16:15 local time (14:15 GMT), 24-carat gold was trading at 6,428.5 Egyptian pounds per gram, up 11.25 pounds from Tuesday’s close of 6,417.25 pounds. Other purities recorded similar increases:
| Metal | 10 December (EGP) | 09 December (EGP) | Change (EGP) | Change % |
| 24-carat | 6428.5 | 6417.25 | 11.25 | 0.18 |
| 21-carat | 5625 | 5615 | 10.00 | 0.18 |
| 18-carat | 4821.5 | 4812.75 | 8.75 | 0.18 |
| 14-carat | 3750 | 3743.25 | 6.75 | 0.18 |
| Gold Pound | 45000 | 44920 | 80.00 | 0.18 |
Local gold prices continue to reflect global spot market movements, fluctuations in the Egyptian pound, and seasonal trends in jewellery and investment demand.
(1 United States dollar = 47.6723 Egyptian pounds)
Attribution: Amwal Al Ghad English
