Gold prices dropped on Tuesday in the global stock market from the highest level in more than two months.
George Michel, head of the Gold and Jewelry Merchants and Goldsmiths Syndicate, said that gold prices dropped by three pounds in the local market, 21-carat recorded EGP 778, while the gold ounce price recorded $ 1783.
He added that 24-carat recorded EGP 889, and 18-carat is at EGP 667, while the gold pound recorded EGP 6224.