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Gold pound stays at 53200 pounds
The price of the gold pound in Egypt remains stable at 53,200 Egyptian pounds today, Tuesday, with no change from yesterday. This is based on the price of 21-karat gold, which remains at 6,650 pounds per gram. This stability follows a strong upward wave in recent periods, driven by a rise in the global gold ounce and its movement at high levels. In the Egyptian market, an ounce of gold is approximately 235,797 pounds, while the international ounce price is around $4,645. It is expected that the change in the gold pound's price will depend on the trend of the global ounce and the local dollar exchange rate, with the possibility of an increase if global gold prices continue to rise.
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