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Egyptian local gold market has witnessed a spike in prices Thursday, which comes following the Fed meeting on Wednesday in the midst of a growing banking crisis.
Below are the latest gold prices in Egyptian pounds at 13:00 CLT (11 GMT):
| Carat | Price in Egyptian pounds/dollar |
| Gold Ounce | 61127 ($1979.00) |
| Carat 18 | 1475 ($47.73) |
| Carat 21 | 1721 ($55.68) |
| Carat 22 | 1803 ($58.33) |
| Carat 24 | 1967 ($63.63) |
