Gold prices retreat in Egypt on Friday

The price of gold bullion witnessed a decline on Friday coinciding with the global decline in the price of the yellow metal, amid the recent rise in the price of the dollar and its exceeding 49 Egyptian pounds. The price of an ounce was last recorded at $2,484.

Meanwhile, the price of 21-karat gold in Egypt remained stable, at 3,460 Egyptian pounds.

Gold bullion price

• 2.5-gram gold bullion: 11,348 Egyptian pounds.
• 5-gram gold bullion: 22,479 Egyptian pounds.
• 10-gram gold bullion: 44,440 Egyptian pounds.
• 20-gram gold bullion: 88,274 Egyptian pounds.
• One ounce of gold: 136,878 Egyptian pounds.
• 50-gram gold bullion: 219,173 Egyptian pounds
• 100-gram gold bullion: 437,481 Egyptian pounds

Gold sovereign price

• Gold sovereign (8 grams, 24 karat): 41,500 Egyptian pounds

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