Gold prices in Egypt fell on Monday, tracking losses in international bullion markets and fluctuations in the local exchange rate. As of 17:49 local time (14:49 GMT), 24-carat gold was trading at 6,171.5 Egyptian pounds per gram, down from 6,331.5 pounds on October 26, according to market data. Metal 27 Oct. (EGP) 26 Oct. (EGP) Change Change % 24-carat 6,171.5 6,331.5 -160.0 -2.53 21-carat 5,400.0 5,540.0 -140.0 -2.53 18-carat 4,628.5 4,748.5 -120.0 -2.53 14-carat 3,600.0 3,693.25 -93.25 -2.52 Gold Pound 43,200.0 44,320.0 -1,120.0 -2.53
Prices in the local market continue to move in line with global trends, influenced by shifts in the US dollar exchange rate and domestic demand. (1 US dollar = 47.3820 Egyptian pounds)