Egypt Gold Follows Global Trends, 24-Carat Ups To EGP 312.06

Gold prices in the Egyptian market on early Saturday have rose by one pound.

The Twenty-four carat gold is sold for EGP 312.06 in local markets; while the widely-spread in Egypt Twenty-one carat gold is sold for EGP 273.53.

For the 18 carat gold, it is sold on Thursday for EGP 234.48.

According to initial estimates released this morning, the gold pound has hit EGP 2145.0; while the silver’s price reached EGP 6.38 per gram.

For his part,  Nady Naguib – member of the gold traders chamber – said the gold prices in Egypt have increased during Saturday’s trading powered by pumping new amounts of gold bullion in the global bourses.

The following table shows gold price per gram in Egypt in Egyptian Pound (EGP) in 24k, 21k, and 18k carats besides the gold pound.

Carat

Gold Price Per Gram In Egyptian Pound (EGP)

Gold Price Per Gram In U.S Dollar (USD)

24K Gram

EGP 312.06

US$ 45.19

21K Gram

EGP 273.53

US$ 39.61

18K Gram

EGP 234.48

US$ 33.96

Gold Pound

EGP 2145.0

US$ 310.63

 

The Average Gold Prices in Egypt in Week:

Day

24K Gram

21K Gram

18K Gram

April 20

312.6

273.57

234.53

April 19

311.11

272.25

233.39

April 18

309.18

270.56

231.94

April 17

305.3

267.17

229.04

April 16

304.91

266.84

228.77

April 15

301.24

226.05

226.05

 

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