Gold prices jumped in the domestic markets, last week, by 4.6%, following the increase in the prices of the yellow metal ounce by 2.2%, internationally.
Saied Embabi, the Executive Director of Isagha platform, said that gold prices surged by EGP 120, domestically, last week.
The gram of 21-karat opened the weekly transaction at EGP 2600, and closed at 2720.
On the other hand, the ounce opened the weekly transaction at $1939, and closed at $1918, recording a $42 increase.
Embabi added that the gram of 24-karat hit EGP 3109, 18-karat recorded EGP 2323, 14-karat estimated EGP 1814, and the gold pound hit EGP 21760.
Contributed by: Rana Atef