Gold in Egypt Falls for Second Week, Gram Priced at EGP 4,083

Gold prices in Egypt declined for a second consecutive week, with the reported price per gram reaching EGP 4,083 before workmanship charges.

The fall was linked to subdued pricing activity in the Egyptian market, extending the downward trend seen the previous week.

The quoted rate does not specify the gold purity, a key distinction when comparing prices across different types of gold sold in Egypt.

Workmanship charges are excluded from the EGP 4,083 figure, meaning it does not represent the final price a buyer would pay for a finished piece of jewellery.