Egyptian gold prices rise in jewelers' market as gold division official cites stability

Egyptian gold prices rose in the jewelers' market on Friday, while a gold division official said prices held steady at opening levels.

• Nadi Naguib, secretary general of Egypt's gold division, said prices held steady at opening levels mid-Friday trading.
• The 21-karat gram rose 10 pounds to 6,160 pounds per gram, and the 24-karat gram reached 7,040 pounds in the jewelers' market.
• The gold pound traded at 49,280 pounds, with manufacturing costs adding 100 to 150 pounds per gram.
• Global gold rose 0.16 percent to about 4,184 dollars per ounce, according to Bloomberg data.
• The 18-carat gold gram reached 5,280 pounds per gram in Friday's evening trading, up from midday levels.
• The price of a 10-gram gold bar reached about 70,400 pounds in Friday's evening trading.
• Global gold rose 0.50 percent to about 4,156 dollars per ounce, according to Bloomberg data.