Gold prices in Egypt declined on Thursday, registering a uniform 0.73 per cent drop across most key purities as domestic demand softened even as global bullion markets strengthened, according to official pricing platforms. As of 16:17 local time (14:17 GMT), 24-carat gold stood at 6,251.5 Egyptian pounds per gram, down 45.75 pounds from Wednesday's close of 6,297.25 pounds. All other purities recorded similar percentage declines: Metal 20 November (EGP) 19 November (EGP) Change (EGP) Change % 24-carat 6251.5 6297.25 -45.75 -0.73 21-carat 5470 5510 -40.00 -0.73 18-carat 4688.5 4722.75 -34.25 -0.73 14-carat 3646.75 3673.25 -26.50 -0.72 Gold Pound 43760 44080 -320.00 -0.73 Gold movements in Egypt are closely tied to three factors: global spot prices, the exchange rate of the Egyptian pound against the U.S. dollar, and seasonal fluctuations in jewelry and investment demand. (1 US dollar = 47.5035 Egyptian pounds) Attribution: Amwal Al Ghad English