Egypt: gold prices today on December 31

Gold prices today in Egypt rose on Tuesday by 5.21 Egyptian pounds ($0.33) per gram.

According to data compiled by Amwal Al Ghad, the price of 21-carat gold, the most popular in the local market, reached 687.85 pounds, while 18-carat gold increased to 589.58 pounds.

The rise in local market was driven by global increase in gold prices for the ounce to $1,524 for today, compared to $1,514 for the day before.

The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Tuesday, December 31, 2019:

Carat Price
24-carat 786.10 pounds
22-carat 720.60 pounds
21-carat 687.85 pounds
18-carat 589.58 pounds
14-carat 458.56 pounds
Gold pound 5,503 pounds
Gold ounce $1,524
Kilo of gold 786,098 pounds