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Gold Prices Surge in Egypt on Monday

Gold prices in Egypt rose significantly on Monday, with 24-karat gold reaching EGP 4,811.5 for buying and EGP 4,840 for selling. All karat levels saw increases, alongside notable values for the gold pound and ounce.

On Monday, gold prices in Egypt experienced a significant increase. The price for 24-karat gold reached EGP 4,811.5 per gram for buying and EGP 4,840 for selling, indicating a strong market movement.

Similarly, the 22-karat gold was also on the rise, priced at EGP 4,410.5 per gram for buying and EGP 4,436.75 for selling. This upward trend continued with the 21-karat gold, which saw a price increase to EGP 4,210 for buying and EGP 4,235 for selling.

The 18-karat gold recorded prices at EGP 3,608.5 for purchasing and EGP 3,630 for selling. In addition, the gold pound was valued at EGP 33,680 for buying and EGP 33,880 for selling.

Moreover, the price of gold per ounce was reported at $3,000.69 for purchasing and $3,000.98 for selling, reflecting a strong demand for gold in the global market.

In conclusion, gold prices in Egypt have shown a marked increase across various karat levels on Monday, with notable rises in the prices of 24-karat, 22-karat, 21-karat, and 18-karat gold as well as the gold pound and ounce. This trend suggests a robust performance in gold trading, aligning with global market conditions.

Original Source: www.zawya.com

Marcus Thompson

Marcus Thompson is an influential reporter with nearly 14 years of experience covering economic trends and business stories. Originally starting his career in financial analysis, Marcus transitioned into journalism where he has made a name for himself through insightful and well-researched articles. His work often explores the broader implications of business developments on society, making him a valuable contributor to any news publication.

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