The price of gold in Egypt rose on Monday morning, 3-10-2022, coinciding with the rise in the average global gold prices.
The price of gold in Egypt is determined according to two factors: the first is the international price, and the second is the exchange rate of the pound against the dollar.
According to the “egypt.gold-price” platform, which specializes in monitoring gold prices, the price of a gram of 24 karat gold in Egypt rose to the level of 1048 pounds, and the price of a gram of 18 karat gold rose to the level of 786.04 pounds.
And the price of a gram of 21 karat gold in Egypt, the most traded in the market, recorded a value of 917.06 pounds.
As for economic gold prices in Egypt, the price of a gram of 14 karat gold scored about 611.36 pounds, and the price of an ounce (an ounce) scored about 32,594 pounds, and the price of a gold pound in Egypt (8 grams of 21 karat) was about 7.336 pounds.
