Gold prices in Egypt fell on Wednesday, tracking movements in global markets, according to official pricing data. By 16:31 local time (1431 GMT), 24-carat gold was trading at 6,697.25 Egyptian pounds per gram, down 85.5 pounds, or 1.26 per cent from Tuesday's close of 6,782.75 pounds. Metal 31 December (EGP) 30 December (EGP) Change (EGP) Change % 24-carat 6697.25 6782.75 -85.50 -1.26 21-carat 5860 5935 -75.00 -1.26 18-carat 5022.75 5087.25 -64.50 -1.27 14-carat 3906.75 3956.75 -50.00 -1.26 Gold Pound 46880 47480 -600.00 -1.26
Gold prices in the local market tend to fluctuate during the session in line with international gold prices, exchange-rate movements, and domestic supply and demand conditions. (1 United States dollar = 47.7846 Egyptian pounds) Attribution: Amwal Al Ghad English