Egyptian Gold Prices Decline Across All Karats on October 14
Gold prices in Egypt moved slightly lower on October 14, experiencing declines across all major purity levels and gold coins. The pullback affected both buying and selling rates in the local retail market during afternoon trading.
For domestic transactions, 24-karat gold traded at EGP 7,038.29 for purchase and EGP 7,935.71 for sale. Meanwhile, popular 21-karat gold fell to EGP 6,159.12 for buying and EGP 6,069.35 for selling. The 18-karat grade dropped to EGP 5,279.25 for purchase and EGP 5,202.30 for sale, while gold coins were priced at EGP 49,272.96 for purchase and EGP 48,554.80 for sale.
On the global stage, international gold stood at $4,088.20 per ounce for purchase and $4,087.70 for sale. Investors will continue tracking international spot rates and local currency movements to gauge future price trends in domestic precious metals.
Key points
- Egyptian gold prices fell across 24-karat, 21-karat, and 18-karat purities on October 14.
- 21-karat gold traded at EGP 6,159.12 for buying and EGP 6,069.35 for selling.
- Gold coins were priced at EGP 49,272.96 to buy and EGP 48,554.80 to sell.
- International gold reached $4,088.20 for buying and $4,087.70 for selling per ounce.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
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What were the Egyptian gold prices for 21-karat gold on October 14?
On October 14, 21-karat gold in Egypt dropped to EGP 6,159.12 for purchase and EGP 6,069.35 for sale.
How much did 24-karat gold cost in Egypt on October 14?
24-karat gold recorded EGP 7,038.29 for buying and EGP 7,935.71 for selling.
What was the global ounce price for gold on October 14?
Internationally, gold per ounce reached $4,088.20 for purchase and $4,087.70 for sale.