Egypt: gold prices today jumps EGP16.43 – January 8

Gold prices today in Egypt jumped 16.43 Egyptian pounds ($1.02) per gram.

According to data compiled by Amwal Al Ghad on Wednesday, the price of 21-carat gold, the most popular in the local market, reached 721.01 pounds, while 18-carat gold stood at 618 pounds.

The incres in local market was triggered by surge  global  in the prices of the yellow metal by $2 to $1,600 per ounce as a result of US-Iran tensions.

The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Wednesday, January 8, 2020:

Carat Price
24-carat 823.99 pounds
22-carat 755 pounds
21-carat 721 pounds
18-carat 618 pounds
14-carat 480.66 pounds
Gold pound 5,768 pounds
Gold ounce $1,594
Kilo of gold 823,992  pounds