The gold prices in the Egyptian market on Monday have rose by 3 pounds during the early trading.
According to initial estimates released this morning, the Twenty-four carat gold is sold for EGP 328.69 in local markets; while the widely-spread in Egypt Twenty-one carat gold is sold for EGP 287.62.
For the 18 carat gold, it is sold on Monday for EGP 246.54. The 14 carat gold is sold for around EGP 191.78; while the 10 carat gold is for EGP 137.01.
For his part, Nady Naguib – member of the gold traders chamber – has attributed the rise in gold prices in Egypt to the increase in citizens’ turnout to buy the precious metal.
The following table shows gold price per gram in Egypt in Egyptian Pound (EGP) in 24k, 21k, 18k, 14k as well 10k carats:
|
Carat |
Gold Price Per Gram In Egyptian Pound (EGP) |
Gold Price Per Gram In U.S Dollar (USD) |
|
24K Gram |
EGP 328.69 |
US$ 47.58 |
|
21K Gram |
EGP 287.62 |
US$ 41.63 |
|
18K Gram |
EGP 246.54 |
US$ 35.69 |
|
14K Gram |
EGP 191.78 |
US$ 27.76 |
|
10K Gram |
EGP 137.01 |
US$ 19.83 |
