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Gold 14-karat hits 4183 EGP Monday
Gold prices in Egypt have risen today, with the price of a 14-karat gram reaching 4,183 Egyptian pounds, while prices for other gold types remain stable according to the latest update. The global gold market is influenced by the strength of the US dollar and rising Treasury bond yields, which reduce its appeal as a safe haven that doesn’t generate returns. The prices of other gold karats range from 5,379 pounds for 18-karat to 7,171 pounds for 24-karat, while the price of a gold pound is 50,200 pounds. Note that these prices do not include manufacturing costs or taxes and may fluctuate throughout the day.
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