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Gold prices today in Egypt rose on Tuesday by 5.21 Egyptian pounds ($0.33) per gram.
According to data compiled by Amwal Al Ghad, the price of 21-carat gold, the most popular in the local market, reached 687.85 pounds, while 18-carat gold increased to 589.58 pounds.
The rise in local market was driven by global increase in gold prices for the ounce to $1,524 for today, compared to $1,514 for the day before.
The table below demonstrates the prices of gold in Egypt in Egyptian pounds (EGP) on Tuesday, December 31, 2019:
Carat | Price |
24-carat | 786.10 pounds |
22-carat | 720.60 pounds |
21-carat | 687.85 pounds |
18-carat | 589.58 pounds |
14-carat | 458.56 pounds |
Gold pound | 5,503 pounds |
Gold ounce | $1,524 |
Kilo of gold | 786,098 pounds |