Gold prices increased in local markets today Sunday, by EGP 5 during the week’s trading, and rose by 2% in global markets, to record the best weekly performance in 5 months, supported by the decline of the dollar price and high inflation rates in global markets.
Hany Milad, Head of the Gold Division at the Cairo Chamber of Commerce said that 21-carat recorded EGP 775, while the gold ounce price increased in the global stock exchange to record $1767.
He added that 24-carat recorded EGP 886 and 18–carat is at EGP 664, while the gold pound recorded EGP 6200.