Gold prices in Egypt decline on October 7
Gold prices today in Egypt inched lower on Wednesday as the global prices of the yellow metal fell by around 1 percent to $1,889 per ounce.
The most recent decline came after U.S. President Donald Trump announced he would halt talks over another fiscal stimulus package until after the November election.
According to data compiled by Amwal Al Ghad, the table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Wednesday, October 07, 2020:
| Carat | Price |
| 24-carat | 942 pounds |
| 21-carat | 824 pounds |
| 18-carat | 706 pounds |
| Gold pound | 6,592 pounds |
| Gold ounce | $1,889 |
