Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Gold Prices See Slight Decline, 21-Karat Hits EGP 1225


Gold Prices, gold

Tue 08 Nov 2022 | 08:24 AM
Walid Farouk

Gold prices slightly declined by EGP 4 in domestic markets on Monday, with a slight drop of ounces in world exchange markets due to the rise in dollar exchange rates.

Saied Embabi, the CEO of Isagha platform, said that 21-karat declined by EGP 4 to reach EGP 1225, while the gold ounces fell to $ 1676.

Embabi added that 24-karat reached EGP 1400, 18-karat hit EGP 1050, 14-karat was sold at EGP 817, and the gold pound was estimated at EGP 9800.

Translated by Hassanain Tayea