Gold prices today after recent dip
The gold market in Egypt has experienced a decrease in the prices of all gold karats by about 10 Egyptian pounds. Specifically, 24-karat gold is now around 6,594 pounds, 21-karat gold approximately 5,770 pounds, 18-karat gold about 4,945 pounds, and 14-karat gold roughly 3,846 pounds. Additionally, the price of the gold pound has dropped to 46,160 pounds. This comes amid relative stability in the global ounce price and the influence of the dollar's movement on local market prices. The decline coincides with ongoing fluctuations in the global markets and changes in the US dollar exchange rate.
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