21 Karat gold is now selling for EGP 2625.. During Monday’s trade, local markets saw a modest increase in gold prices, while the global stock market saw a slight increase as well.
According to Saeed Embabi, Executive Director of the “iSagha” platform, the price of an ounce of 21-karat gold increased by 25 pounds during today’s trade, to 2,625 pounds, while the price of an ounce of global stocks increased by around two dollars, to 1,939 dollars.
According to him, a gram of 24 carat gold was worth 3,000 pounds, an 18 carat gram was worth 2,250 pounds, a gram of 14 carat gold was worth around 1,750 pounds, and a pound of gold was worth almost 21,000 pounds.