publish Gold price in Egypt Today, Wednesday, May 18, 2022, after a noticeable decline in morning transactions, worth 20 pounds, and 21 karat gold, which is the most traded in Egypt, reached 1060 pounds per gram at the time of drafting these lines, compared to levels of 1080 pounds.
Gold prices today:
18 karat records 908 pounds.
21 carat records 1060 pounds.
24 carat records 1211 pounds.
The gold pound is 8480 pounds.
This decline is the third this week, after gold prices in Egypt lost 140 pounds per gram over the past week, as 21 karat, which is the best-selling in Egypt, declined from 1220 pounds to 1080 pounds per gram, due to a noticeable decline in the dollar. Which put pressure on gold prices in Egypt, and they have fallen since last Monday until now at this value.
The continued decline in gold prices in Egypt came after the return of discipline to the dollar price, with the dollar declining approximately 17 piasters, after instructions were issued to return to collection documents instead of documentary credits.