Gold prices in Egypt fell on Wednesday, tracking movements in global markets, according to official pricing data.
By 16:31 local time (1431 GMT), 24-carat gold was trading at 6,697.25 Egyptian pounds per gram, down 85.5 pounds, or 1.26 per cent from Tuesday’s close of 6,782.75 pounds.
| Metal | 31 December (EGP) | 30 December (EGP) | Change (EGP) | Change % |
| 24-carat | 6697.25 | 6782.75 | -85.50 | -1.26 |
| 21-carat | 5860 | 5935 | -75.00 | -1.26 |
| 18-carat | 5022.75 | 5087.25 | -64.50 | -1.27 |
| 14-carat | 3906.75 | 3956.75 | -50.00 | -1.26 |
| Gold Pound | 46880 | 47480 | -600.00 | -1.26 |
Gold prices in the local market tend to fluctuate during the session in line with international gold prices, exchange-rate movements, and domestic supply and demand conditions.
(1 United States dollar = 47.7846 Egyptian pounds)
Attribution: Amwal Al Ghad English