Gold prices in Egypt climbed Wednesday by 10 Egyptian pounds ($1.13) per gram triggered by increase in the prices of gold metal in global markets.
The twenty-four carat gold was sold for 622.85 pounds; while the widely-spread in Egypt, twenty-one carat gold scored 545 pounds. The 18 carat gold reached 467.15 pounds.
Gold pound also rose by 80 pounds, to reach 4360 pounds on Wednesday, Ehab Wasfy, a member at the gold department at the Federation of Egyptian Chambers of Commerce, told Amwal Al Ghad.
Spot gold gained 0.5 percent to $1,269.27 an ounce. U.S. gold futures were up 0.6 percent at $1,270.50 an ounce.
The table below shows the recent data on local gold prices:
|
Gold Gram Carat |
Price in EGP |
|
Gold gram carat 24 |
622.85 |
|
Gold gram carat 21 |
545 |
|
Gold gram carat 18 |
467.15 |
