Gold bullion prices fall today
The price of 24-karat gold locally decreased today by 5 Egyptian pounds per gram, reaching approximately 7,000 pounds, compared to 7,005 pounds at the end of yesterday. Additionally, the price of a 10-gram bar was around 70,000 pounds, and a 50-gram bar approximately 350,000 pounds. The price of an ounce (31.1 grams of 24-karat gold) was about 217,700 pounds. Bar prices are affected by manufacturing costs and profit margins, and their values reflect the price of raw gold based on the gram of 24-karat gold.
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