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Gold per gram up 400 EGP since August
Gold prices in the local market have increased significantly since the beginning of August. The price of a gram of 21-karat gold has risen by approximately 410 Egyptian pounds, which is roughly a 6.9% increase. The price of 24-karat gold has also gone up by 468.86 pounds, and the price of the gold pound has reached 50,720 pounds, an increase of 3,280 pounds since the start of the month. These increases are attributed to the local market being affected by changes in global prices, and markets expect ongoing fluctuations in the coming period.
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