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The gold price in Egypt remained steady today at the end-of-day levels from Saturday, due to the suspension of the jewelry market during Sunday’s holiday. Prices have slightly declined due to reduced demand and in line with the global gold price. The price of 24-karat gold was approximately 7,222.86 Egyptian pounds per gram for selling, while 21-karat gold was around 6,320 pounds for selling. The price of 18-karat gold was about 5,417.14 pounds per gram, and 14-karat gold was approximately 4,213.33 pounds. Additionally, the international ounce price remained stable at around $4,455, as the markets await developments in the dollar's exchange rate and interest rates, which influence gold prices both locally and globally.
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