Gold Prices Rise in Egypt: A Midday Update on October 19, 2024
Gold prices have seen a significant rise today, with the price per gram increasing by 5 Egyptian pounds as of midday on Saturday, according to Nady Naguib, the former Secretary-General of the Gold Division at the Cairo Chamber of Commerce.
Updated Gold Prices in Egypt
- Gold 14k: The price per gram has risen to 2,457 EGP.
- Gold 18k: Now priced at 3,158 EGP per gram.
- Gold 21k: The most commonly traded gold in Egypt, is now 3,685 EGP per gram.
- Gold 24k: The highest purity, has surged to 4,211 EGP per gram.
Gold Coin Price
The price of a gold coin has also seen an increase, currently standing at 29,480 EGP. This price may vary slightly depending on the dealer, as it reflects the total gold content in the coin.
Global Gold Prices
Today marks an official holiday for global metals exchanges, but as of Friday’s trading, the price of gold worldwide saw a 1.07% increase, reaching approximately $2,721 per ounce. (An ounce equals approximately 31.1 grams of 24k gold). This data is based on the latest updates from Bloomberg.
Finally
You can stay updated on gold prices throughout the day with real-time tracking services from Masrawy: Gold Prices.
