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Gold Prices in Egypt Witness Notable Increase on Monday

Gold prices in Egypt rose on Monday, with 24-karat gold reaching EGP 4,811.5 for buying. Other karat levels also saw increases, reflecting market fluctuations. The gold pound and ounce prices were similarly affected.

On Monday, gold prices in Egypt experienced a noted increase, as reported by iSagha. The price for 24-karat gold reached EGP 4,811.5 per gram for purchasing and EGP 4,840 for selling. Similarly, the 22-karat gold price rose to EGP 4,410.5 per gram for buying and EGP 4,436.75 for selling.

The price of 21-karat gold also saw a notable uptick, climbing to EGP 4,210 per gram in buying and EGP 4,235 for selling. Furthermore, the 18-karat gold was valued at EGP 3,608.5 per gram for purchasing, with a selling price of EGP 3,630.

Additionally, the gold pound was traded at EGP 33,680 for buying and EGP 33,880 for selling. The price of the gold ounce was reported at $3,000.69 for purchase and $3,000.98 for sale, reflecting the ongoing fluctuations in the gold market.

In summary, Monday witnessed significant rises in gold prices across various karat levels in Egypt. Notably, the 24-karat gold hit EGP 4,811.5 for buying, while the gold pound and gold ounce also saw fluctuations in their respective prices. These changes indicate continued volatility in the gold market, warranting close attention from investors and consumers alike.

Original Source: www.zawya.com

Niara Abdi

Niara Abdi is a gifted journalist specializing in health and wellness reporting with over 13 years of experience. Graduating from the University of Nairobi, Niara has a deep commitment to informing the public about global health issues and personal wellbeing. Her relatable writing and thorough research have garnered her a wide readership and respect within the health journalism community, where she advocates for informed decision-making.

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