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Gold prices today in Egypt jumped 16.43 Egyptian pounds ($1.02) per gram.
According to data compiled by Amwal Al Ghad on Wednesday, the price of 21-carat gold, the most popular in the local market, reached 721.01 pounds, while 18-carat gold stood at 618 pounds.
The incres in local market was triggered by surge global in the prices of the yellow metal by $2 to $1,600 per ounce as a result of US-Iran tensions.
The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Wednesday, January 8, 2020:
Carat | Price |
24-carat | 823.99 pounds |
22-carat | 755 pounds |
21-carat | 721 pounds |
18-carat | 618 pounds |
14-carat | 480.66 pounds |
Gold pound | 5,768 pounds |
Gold ounce | $1,594 |
Kilo of gold | 823,992 pounds |