Media ININ Economy We Trust
The price of gold stabilized in Egypt on Sunday morning 10/2-2022, coinciding with the relative stability 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 stabilized at the level of 1044 pounds, and the price of a gram of 18 karat gold stabilized at the level of 783.15 pounds.
And the price of a gram of 21 karat gold in Egypt, the most traded in the market, recorded a value of 913.68 pounds.
As for economic gold prices in Egypt, the price of a gram of 14 karat gold scored about 609.11 pounds, and the price of an ounce (an ounce) scored about 32.474 pounds, and the price of a gold pound in Egypt (8 grams of 21 karat) was about 7.309 pounds.
