Gold prices in Egypt dropped on Wednesday, mirroring declines in global bullion and fluctuations in the local exchange rate.
As of 17:45 local time (14:45 GMT), 24-carat gold was trading at 6,297.25 Egyptian pounds per gram, down from 6,485.75 pounds on 21 Oct., according to market data.
| Metal | October 22nd (EGP) | October 21st (EGP) | Change | Change % |
| 24-carat | 6,297.25 | 6,485.75 | -188.50 | -2.91 |
| 21-carat | 5,510.00 | 5,675.00 | -165.00 | -2.91 |
| 18-carat | 4,722.75 | 4,864.25 | -141.50 | -2.91 |
| 14-carat | 3,673.25 | 3,783.25 | -110.00 | -2.91 |
| Gold Pound | 44,080.00 | 45,400.00 | -1,320.00 | -2.91 |
Gold prices in Egypt typically move in tandem with international bullion trends, the US dollar exchange rate, and local supply and demand dynamics.
(1 United States dollar = 47.5049 Egyptian pounds)
Attribution: Amwal Al Ghad English
