Gold and Currency Prices Stable in Egypt Today
The Egyptian markets witnessed noticeable stability in gold prices today, with 21K gold priced at EGP 6264.07 per gram, and 24K gold at EGP 7158.94 per gram. Meanwhile, 18K gold remained stable at EGP 5369.2 per gram, according to Bakam data.
On the other hand, foreign currency prices against the Egyptian pound also remained stable. The selling price of the US dollar stood at EGP 53.82, while the buying price was EGP 53.07. The Saudi Riyal was traded at EGP 14.35 for sale and EGP 14.15 for purchase. The Kuwaiti Dinar was priced at EGP 173.32 for sale and EGP 170.91 for purchase.
According to Bakam data, the British Pound remained stable at EGP 71.68 for sale and EGP 70.69 for purchase, while the Euro was priced at EGP 60.51 for sale and EGP 59.67 for purchase. The Egyptian market continues to monitor global price developments and international economic changes that might affect local prices.