Local gold market is witnessing downward trend with the beginning of the new week, contrary to last week which ended on a spike in prices. Below are the latest gold prices in Egyptian pounds and U.S. dollars at 10:30 CLT (8:30 GMT): Carat Price in Egyptian pounds/dollar Gold Ounce 61036 ($1979.00) Carat 18 1472 ($47.73) Carat 21 1717 ($55.69) Carat 22 1799 ($58.34) Carat 24 1963 ($63.64)