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Gold prices today in Egypt fell by 6.08 Egyptian pounds ($0.38) per gram.
According to data compiled by Amwal Al Ghad on Tuesday, the price of 21-carat gold, the most popular in the local market, reached 706.63 pounds, while 18-carat gold stood at 605.68 pounds.
The decline in local market was triggered by global fall in the prices of the yellow metal by $12 to $1,566 per ounce.
The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Tuesday, January 7, 2020:
Carat | Price |
24-carat | 807.56 pounds |
22-carat | 740.27 pounds |
21-carat | 706.63 pounds |
18-carat | 605.68 pounds |
14-carat | 471.08 pounds |
Gold pound | 5,653 pounds |
Gold ounce | $1,566 |
Kilo of gold | 807,558 pounds |