Slight Drop in Gold Prices, Dollar Stable in Egypt

The Egyptian markets are currently experiencing slight fluctuations in gold prices, with the price of 18-karat gold dropping by 0.15% to 5,798 EGP per gram, marking a decrease of 9 EGP from the previous day. Similarly, 21-karat gold saw the same percentage drop, reaching 6,765 EGP per gram, down by 10 EGP. Meanwhile, the 24-karat gold price decreased by the same margin to 7,732 EGP per gram, a fall of 11 EGP.

On the currency front, the US dollar remains stable in the Egyptian market, with a buying rate of 51.86 EGP and a selling rate of 52.59 EGP, showing a slight fluctuation of 0.02% compared to yesterday. Technical analysis indicates that the market is balanced with low volatility, reflecting calm in current price movements.

As for silver, its price remains steady at 132.00 EGP per gram without significant change. These movements occur amid a relatively stable Egyptian market, reflecting limited impacts from global economic changes.

These figures are according to Bkam data, which continuously monitors price movements in the Egyptian market.