Egypt: gold prices today – January 7

Gold prices today in Egypt fell by 6.08 Egyptian pounds ($0.38) per gram.

According to data compiled by Amwal Al Ghad on Tuesday, the price of 21-carat gold, the most popular in the local market, reached 706.63 pounds, while 18-carat gold stood at 605.68 pounds.

The decline in local market was triggered by global fall in the prices of the yellow metal by $12 to $1,566 per ounce.

The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Tuesday, January 7, 2020:

Carat Price
24-carat 807.56 pounds
22-carat 740.27 pounds
21-carat 706.63 pounds
18-carat 605.68 pounds
14-carat 471.08 pounds
Gold pound 5,653 pounds
Gold ounce $1,566
Kilo of gold 807,558 pounds