Gold prices in Egypt rose on Tuesday by one Egyptian pound (US$0.13) per gram. The Twenty-four carat gold is sold today for EGP 308; while the widely-spread in Egypt Twenty-one carat gold scored EGP 269.5.
In addition, the 18-carat gold reached EGP 231 today.
From his part, El-Sayed El-Sharkawy – chairman of gold traders’ chamber of Alexandria – attributed the increase in yellow metal prices in Egypt to gold moves further away from 3-week low in global trading. Gold prices in global trading inched 0.3% higher to $1,243.05 an ounce
Gold extended gains to a second straight session on Tuesday as worries over Greece's future in the eurozone and a decline in global equities supported the safe-haven metal.
The Table below demonstrates the prices of gold in Egypt recorded on Monday in Egyptian pound (EGP) and the US Dollar (USD):
|
Egypt’s Gold Prices in Egyptian pound (EGP) & US Dollar (USD) |
||
|
Carat |
EGP |
USD |
|
24K Gram |
308 |
$40.36 |
|
21K Gram |
269.5 |
$35.32 |
|
18K Gram |
231 |
$30.27 |
