Gold prices in Egypt decline EGP 23 per gram on Tuesday
Gold prices in Egypt today dived 23 Egyptian pounds ($1.44) per gram on global gold declining prices as traders book profits
Ehab Wasfy, deputy head of the gold division at the Cairo Chamber of Commerce told Amwal Al Ghad on Tuesday that the price of 21-carat gold, the most popular in the local market, declined to around 887 Egyptian pounds
The 18-carat gold also sees lower prices to around 760.25 pounds, Wasfy said.
The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Tuesday August 11, 2020:
| Carat | Price |
| 24-carat | 1013.70 pounds |
| 21-carat | 887 pounds |
| 18-carat | 760.25 pounds |
| Gold pound | 7096 pounds |
| Gold ounce | $1986 |
