Gold Prices Stable in Egypt Today

أسعار الذهبالذهب في مصرعيار 24الاستقرار الاقتصادي

Gold prices in Egypt remain notably stable today, with no changes recorded across different carats according to Bkam data. The 24K gold price in the local market stands at EGP 7,760 per gram, while the 21K gold price is stable at EGP 6,790 per gram. The price for 18K gold is set at EGP 5,820 per gram.

These figures come amid calm and balanced markets, with technical indicators for 21K gold showing a low volatility of 0.0%, reflecting a stable market condition with a balance between the moving averages for the past seven and fourteen days.

Internationally, the price of an ounce of 24K gold is approximately USD 4,621.68, while the 21K ounce price is around USD 4,043.97. These numbers indicate stability in global prices as well.

This stability in gold prices comes amidst minor fluctuations in the US dollar rate, which remains at EGP 52.59 for sale with a slight increase of 0.04% from yesterday.

The current stability in gold prices reflects a period of calm in global markets, with expectations of continued stability in the near term unless significant economic or political developments occur.

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