Egypt gold prices fall mid-session after Tuesday opening

Gold prices in Egypt fell 35 Egyptian pounds per gram mid-session Tuesday, extending a decline from the previous day's trading.

• Nady Nagib, former secretary general of the Gold Division, said prices dropped 35 EGP mid-session Tuesday, with 21-karat trading at 6,125 EGP per gram.
• The gold pound fell to 49,000 EGP, a 10-gram bar traded at 70,000 EGP, and the ounce reached 217,700 EGP.
• Prices opened stable after a 15 EGP decline in 21-karat on Monday, which Al-Masry Al-Youm quoted at 6,160 EGP at the start of Tuesday.
• Global gold fell 1.05 percent to about 3,905 USD per ounce, according to Bloomberg data.