المصري اليوم
المصري اليوم
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Gold prices in Egypt today generally declined, stabilizing at the levels they reached yesterday. This follows a recent increase of 10 Egyptian pounds in the 21-karat (carat) gold, which occurred a few days ago, coinciding with the Central Bank of Egypt's decision to keep interest rates unchanged. The bank announced that the base interest rate remains steady at 19.00% for deposits and 20.00% for loans, helping to stabilize the gold market. It was also confirmed that the price per gram without manufacturing costs varies across regions. Today, gold prices ranged from 6,600 Egyptian pounds for 21-karat gold to 7,542 pounds for 24-karat gold. The price of a gold pound was about 52,800 pounds. Market expectations indicate that prices will be affected by manufacturing costs, which range between 50 and 200 pounds per gram.
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