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Gold prices decline

by Norhan Adel
A gold vendor sorts jewellery pieces inside a shop at the gold market area in Cairo, December 8, 2022.

Local gold prices resumed their downward trend on Thursday. Global gold prices, reflected in the price of gold ounce have also decreased.

Below are the latest gold prices in Egyptian pounds and U.S. dollars at 11:00 CLT (08:00 GMT):

Carat Price in Egyptian pounds/dollar
Global Gold Ounce 60563.51 ($1960)
Gold Pound 18960 ($613.60)
Carat 18 2031 ($65.73)
Carat 21 2375 ($76.86)
Carat 24 2706 ($87.57)

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