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The price of a gram of 24-karat gold in the local market today is approximately 7,030 Egyptian pounds, remaining stable compared to yesterday. The price of a 10-gram gold bar is about 70,300 pounds, while a 50-gram bar costs around 351,500 pounds. The price of an ounce (31.1 grams of 24-karat gold) is approximately 218,633 pounds. The prices of gold bars vary among traders depending on manufacturing costs and profit margins, and the price is also influenced by the value of raw gold and the rate of 24-karat gold per gram.
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