Gold Prices in Egypt Rise Slightly by 0.15%

Gold prices in Egypt saw a slight increase of 0.15%, according to 'Bkam' data. The price of 21-carat gold reached 6,775 EGP per gram, marking a 10 EGP increase from the previous day. Meanwhile, the price for 18-carat gold rose to 5,807 EGP, up by 9 EGP, and 24-carat gold to 7,743 EGP, up by 11 EGP.

This rise comes amid a stable exchange rate for the US dollar in the Egyptian market, with the selling price at 52.59 EGP, unchanged from the previous day. Technical analysis indicates that the market remains balanced, as moving averages align with current prices, reflecting low volatility.

Internationally, the price of an ounce of 21-carat gold is approximately 4,035.34 USD, while an ounce of 24-carat gold is about 4,611.75 USD. An ounce of 18-carat gold is priced at 3,458.93 USD.

Additionally, silver maintained a steady price of 132.00 EGP per gram. Both local and global markets continue to be monitored to determine future price trends.