On Monday, gold prices in Egypt increased significantly across all karat types, with 24-karat gold hitting EGP 4,811.5 for buying and EGP 4,840 for selling. The prices for lower karats also rose, including 22-karat at EGP 4,410.5 and 21-karat at EGP 4,210. The gold pound was valued at EGP 33,680 for buying.
On Monday, gold prices in Egypt experienced a notable increase. The cost for 24-karat gold reached EGP 4,811.5 per gram when buying, while the selling price was set at EGP 4,840, as noted by data from iSagha. The price for 22-karat gold rose as well, achieving EGP 4,410.5 for buying and EGP 4,436.75 for selling.
Additionally, the 21-karat gold price experienced growth, with buying prices at EGP 4,210 and selling prices at EGP 4,235. The 18-karat variety also saw an uptick, priced at EGP 3,608.5 per gram for purchasing and EGP 3,630 for selling. Furthermore, the price of the gold pound was reported at EGP 33,680 for buying and EGP 33,880 for selling.
In terms of international pricing, the gold ounce was valued at $3,000.69 for purchase and $3,000.98 for sale, reflecting the broader trends in gold markets today.
In conclusion, Monday marked a significant rise in gold prices across various karats in Egypt, indicating a robust demand. The pricing increases for 24-karat, 22-karat, 21-karat, and 18-karat gold demonstrate growing market activity, alongside a high valuation for the gold ounce. Such trends suggest active engagement in gold investments, both locally and internationally.
Original Source: www.zawya.com
