Gold prices in Egypt rose on Monday, mirroring global market trends and fluctuations in the local exchange rate. As of 17:00 local time (14:00 GMT), 24-carat gold was trading at 6,617.25 Egyptian pounds per gram, up 0.52 per cent from 6,582.75 pounds on 19 Oct., according to market data. Metal October 20th (EGP) October 19th (EGP) Change Change % 24 Carat 6,617.25 6,582.75 34.50 0.52 21 Carat 5,790.00 5,760.00 30.00 0.52 18 Carat 4,962.75 4,937.25 25.50 0.52 14 Carat 3,860.00 3,840.00 20.00 0.52 Gold Pound 46,320.00 46,080.00 240.00 0.52
Gold prices in the local market typically move in line with international bullion prices, the U.S. dollar exchange rate, and domestic supply and demand dynamics. (1 United States dollar = 47.4444 Egyptian pounds) Attribution: Amwal Al Ghad English