Gold prices in Egypt slumped on Tuesday by two Egyptian pounds per gram. The Twenty-four carat gold is sold today for EGP 302.06; while the widely-spread in Egypt Twenty-one carat gold scored EGP 264. The 18-carat gold reached EGP 226.63 today. Nady Naguib - member of the gold traders chamber – referred to the fluctuation in gold prices in global markets which affects in return on the local market. The gold futures reached US$ 1335.85 an ounce on Tuesday. Mr. Naguib said the gold traders hang on in the hope that the coming of Eid al-Adha will contribute to ease the state of long-lasting relative recession of 60%. The Table below demonstrates the prices of gold in Egypt recorded on Tuesday in Egyptian pound (EGP) and the US Dollar (USD): Egypt's Gold Prices in Egyptian pound (EGP) & US Dollar (USD) Carat EGP USD 24K Gram 302.06 $43.86 21K Gram 264 $38.33 18K Gram 226.63 $32.91 14K Gram 176.35 $25.61 10K Gram 126.06 $18.30