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Gold prices today in Egypt increased marginally by around 1.02 Egyptian pounds ($0.064) per gram.
According to data compiled by Amwal Al Ghad on Thursday, the price of 21-carat gold, the most popular in the local market, reached around 693.72 pounds, while 18-carat gold hit 594.18 pounds.
The increase in local market was triggered by a rise in the prices of the yellow metal by around $3 to $1,555 per ounce.
The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Thursday, January 16, 2020:
Carat | Price |
24-carat | 792.80 pounds |
22-carat | 726.74 pounds |
21-carat | 693.72 pounds |
18-carat | 594.18 pounds |
14-carat | 462.14 pounds |
Gold pound | 5,550 pounds |
Gold ounce | $1,555 |
Kilo of gold | 792,801 pounds |