24 Hrs
Source:
اليوم السابع
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Evening gold price for consumers
Gold prices in Egypt have declined for the sixth consecutive week, reaching their lowest level since the beginning of the year. This decline is due to the drop in the international gold ounce price and the depreciation of the US dollar against the Egyptian pound. Today, the price of 21-karat gold started at 6,040 EGP per gram, with the lowest point at 5,970 EGP before closing above 6,000 EGP, representing a weekly decrease of 3.36% and a loss of 210 EGP in value. The decline in the dollar and international gold prices has continued to push local prices downward, despite the market stabilizing after the signing of the ceasefire agreement between the United States and Iran and the subsequent calming of the financial markets.
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