Stability in Egypt's Gold and Currency Markets

Gold prices in the Egyptian market have shown notable stability today, with 21k gold standing at approximately 6325 EGP per gram. This is significant as 21k is the most traded gold carat in Egypt, serving as a key market indicator. The 24k gold is priced at around 7228.5 EGP per gram, while 18k gold is at 5421.5 EGP per gram.

In international markets, the 21k gold ounce is approximately 3861.67 USD, with the 24k gold ounce at about 4413.29 USD, and the 18k gold ounce at 3310.04 USD.

Regarding the currency sector, the USD maintains its position at 51.3 EGP selling and 50.59 EGP buying. The Saudi Riyal is at 13.68 EGP selling, and the UAE Dirham at 13.97 EGP selling. The Kuwaiti Dinar stands at 166.17 EGP selling, and the Euro at 59.57 EGP selling.

This stability in gold and currency prices reflects a balanced state within the Egyptian market, as both external and internal factors continue to influence pricing. These figures come amidst global economic developments impacting the local market directly, according to Bekam data.