Gold prices in Egypt fell slightly on Saturday, September 16, 2023, as investors awaited developments in the global markets and interest rates in Egypt in the coming days.
The price of 21-karat gold, the most widely traded grade, fell to 2,185 Egyptian pounds per ounce for sale and 2,175 Egyptian pounds per ounce for purchase. The price of 24-karat gold, the highest grade, fell to 2,497.25 Egyptian pounds per ounce for sale and 2,485.75 Egyptian pounds per ounce for purchase.
The following table summarizes the prices of gold in Egypt on September 16, 2023:
| Purity | Sell price (EGP) | Buy price (EGP) |
|---|---|---|
| 24 K | 2,497.25 | 2,485.75 |
| 22 K | 2,289 | 2,278.5 |
| 21 K | 2,185 | 2,175 |
| 18 K | 1,872.75 | 1,864.25 |
| 14 K | 1,456.75 | 1,450 |
| 12 K | 1,248.5 | 1,242.75 |
| 9 K | 936.5 | 932.25 |
| Egyptian pound gold | 17,480 | 17,400 |
