Gold prices in Egypt eased on Monday, tracking global bullion prices and exchange-rate movements, according to market data at 16:30 local time (13:30 GMT).
The 24-carat gold was trading at 6,834.25 Egyptian pounds per gram, down 23.00 pounds, or 0.34 per cent, from 6,857.25 pounds on Sunday.
Other popular gold grades saw similar drops:
| Metal | 22 June (EGP) |
21 June (EGP) |
Change (EGP) | Change % |
| 24-carat | 6834.25 | 6857.25 | -23.00 | -0.34 |
| 21-carat | 5980 | 6000 | -20.00 | -0.33 |
| 18-carat | 5125.75 | 5142.75 | -17.00 | -0.33 |
| Gold Pound | 47840 | 48000 | -160.00 | -0.33 |
On international markets, gold was quoted at $4,186.82 per ounce, while the US dollar reached 49.8614 Egyptian pounds.
Attribution: Amwal Al Ghad English
