Stability in Egyptian Gold and Currency Markets
The Egyptian gold and currency markets are witnessing notable stability today, according to data monitored by the "Bkam" platform. The price of 21-carat gold stands at approximately 6295 EGP per gram, while the international ounce price for this carat is 3844.86 USD. The 24-carat gold is priced at 7194.25 EGP per gram, with an international ounce price of 4394.1 USD. Meanwhile, the 18-carat gold gram is 5395.75 EGP, with an international ounce price of 3295.62 USD.
In the currency market, the US dollar remains stable at a buying rate of 50.57 EGP and a selling rate of 51.28 EGP. The Saudi Riyal is priced at 13.48 EGP for buying and 13.67 EGP for selling, while the Qatari Riyal has a buying price of 13.89 EGP and a selling price of 14.09 EGP. The Kuwaiti Dinar is at 163.71 EGP for buying and 166.01 EGP for selling, with the Jordanian Dinar at 71.32 EGP for buying and 72.33 EGP for selling.
Regarding European currencies, the British Pound is trading at 68.39 EGP for buying and 69.35 EGP for selling, while the Euro is at 58.63 EGP for buying and 59.46 EGP for selling. The UAE Dirham is priced at 13.77 EGP for buying and 13.96 EGP for selling.
These prices reflect a relatively stable market condition, where supply and demand levels remain relatively constant, contributing to the current price stability.