2024/07/15

Gold closes Monday up 5 EGP

Gold prices increased in Egypt on Monday compared to their prices in mid-trading, according to Nady Naguib, former secretary-general of the gold division at the Cairo Chamber of Commerce. The increase was around 5 Egyptian pounds per gram.

Gold Prices today in the local market:

14 Karat: EGP 2167 per gram

18 Karat: EGP 2786 per gram

21 Karat: EGP 3250 per gram

24 Karat: EGP 3714 per gram

Egyptian Gold Pound Price

The price of the Egyptian gold pound also rose to EGP 26,000, though this price may vary slightly depending on the dealer. This price reflects the value of gold contained within the pound.

Global Gold Prices

Globally, gold prices also saw an upward trend, reaching approximately USD 2422 per ounce during Monday's trading, according to the latest update from Bloomberg. This represents a 0.42% increase.