Gold prices in Egypt decline EGP 10 per gram on Wednesday
Gold prices in Egypt today decreased 10 Egyptian pounds ($0.63) per gram as global Gold pricces fell below $2,000 an ounce on Wednesday on steadied dollar.
The price of 21-carat gold, the most popular in the local market, declined to around 887 Egyptian pounds
The price of 24-carat gold has registered 1003 Egyptian pounds. The 18-carat gold also sees lower prices to around 752 pounds
The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Wednesday August 19, 2020:
| Carat | Price |
| 24-carat | 1012 pounds |
| 21-carat | 887 pounds |
| 18-carat | 761 pounds |
| Gold pound | 7053 pounds |
| Gold ounce | $2005 |
Spot gold was down 0.7 percent at $1,987.36 per ounce by 0654 GMT, after hitting a one-week high of $2,014.97 on Tuesday.
U.S. gold futures fell 0.8 percent to $1,997.70.
