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Current Local Gold Gram Prices

Gold prices in Egypt witnessed notable stability at the beginning of the week, recording the following levels across different karats:

24-karat: 7,166 EGP

22-karat: 6,567 EGP

21-karat (Most Traded): 6,270 EGP

18-karat: 5,374 EGP

14-karat: 4,180 EGP

Gold Pound: 50,160 EGP (excluding craftsmanship fees)

Details of 21-Karat Gold Movement and Global Markets

The price of 21-karat gold settled at 6,270 EGP in local goldsmith shops, maintaining Sunday's closing levels as market activity resumed. Meanwhile, global gold ounces opened the week's trading above the $4,150 mark, amidst close monitoring by investors regarding the impact of international exchanges, exchange rates, and supply-demand dynamics on the local Egyptian market.