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Local gold market is witnessing downward trend with the beginning of the new week, contrary to last week which ended on a spike in prices.
Below are the latest gold prices in Egyptian pounds and U.S. dollars at 10:30 CLT (8:30 GMT):
| Carat | Price in Egyptian pounds/dollar |
| Gold Ounce | 61036 ($1979.00) |
| Carat 18 | 1472 ($47.73) |
| Carat 21 | 1717 ($55.69) |
| Carat 22 | 1799 ($58.34) |
| Carat 24 | 1963 ($63.64) |
