Gold prices in Egypt rise 40 EGP per gram at start of Monday trading

Gold prices in Egypt have risen about 40 EGP per gram with the start of Monday trading, with 21-carat gold reaching 6,190 EGP.

• Gold prices in Egypt rose about 40 EGP per gram at the start of Monday trading, lifting 21-carat gold to 6,190 EGP per gram.
• The gold pound reached 49,520 EGP as Monday's trading opened.
• Global gold fell 0.06% to about $4,191 per ounce, according to Bloomberg data.
• Prices had stabilized on Sunday mid-trading, as 21-carat gold held at 6,160 EGP after a 10-EGP rise the previous day.
• Gold prices in Egypt fell about 20 EGP per gram in Monday's mid-session trading, lowering 21-carat gold to 6,170 EGP, Nadi Nagib said.
• Global gold traded above $4,200 per ounce on Monday, according to the iSagha report.
• Saeed Embabi said gold enters a decisive week as markets await US economic data, noting geopolitical risks and monetary policy pressure intertwine.
• 24-carat gold rose 21 EGP per gram to 7,051 EGP during Monday trading, continuing to trade above the 7,000 level.
• In Monday evening trading, gold prices in Egypt fell a further 5 EGP per gram, lowering 21-carat gold to 6,165 EGP, Nadi Naguib said.
• Global gold fell 0.68% to about $4,165 per ounce in Monday evening trading, according to Bloomberg data.