Gold prices stabilized in domestic markets today, Saturday, following the stable performance of the yellow metal globally.
The prices of gold declined 1%yesterday due to the tightening of the monetary policy of the US Federal Reserve in an attempt to control stock prices.
Saied Embabi, the CEO of Isagha Platform, said that 21-karat recorded today EGP 1067 in local markets.
He added that 24-karat hit EGP 1220, while 18-karat was sold at EGP 915.
On the other hand, 14-karat reached EGP 712, while the gold pound was estimated at EGP 8536.