Gold Prices in Egypt Drop by 1.11%

أسعار الذهبالسوق المصريعيار 21الدولار الأمريكي

Gold prices in Egypt have seen a noticeable drop today, decreasing by 1.11% according to "Bkam" data. The price of 18k gold stood at approximately 5,323 EGP per gram, down by 60 EGP from yesterday. The 21k gold price decreased to 6,210 EGP per gram, marking a drop of 70 EGP. Meanwhile, the 24k gold price declined to 7,097 EGP per gram, a decrease of 80 EGP compared to yesterday's price.

These changes occur amidst stable technical indicators, with the current price of 21k gold at 6,210 EGP, and moving averages for 7 and 14 days at 6,254 and 6,267 EGP respectively, indicating a balanced market with natural fluctuation of 0.5%.

Internationally, the price of a 21k gold ounce is approximately 3,765.5 USD, while the 24k gold ounce is about 4,303.39 USD. This decline in gold prices in Egypt coincides with a slight increase in the US dollar by 0.08%, with the selling price at 51.74 EGP.

This article was generated by Bekam's AI editorial system based on live market data.