Gold prices in Egypt remain stable, stocks end in green before Eid Al-Adha holiday

Ahram Online , Monday 26 Jun 2023

Gold prices in Egypt nearly stabilized on Monday, while the Egyptian stocks recovered some of Sunday's loss at the end of the two-day trading week before Eid Al-Adha long holiday.

File Photo: The Egyptian Exchange (EGX). Al-Ahram


Gold prices

The price of 24-carat gold edged lower by EGP 5.5 to EGP 2,537.75 per gram.

The 21-carat gold price slipped EGP 5 to reach EGP 2,220 per gram. 

The per-gram price of 18-carat gold inched down by EGP 4.5 to stand at EGP 1,902.75 per gram.

The price of the gold pound decreased by EGP 40 to EGP 17,760.

*Prices reflect updates recorded as of midday.


Stock market

EGX30 jumped by nearly 2.2 percent to end at 17,665.29 points.

EGX70 increased by 1.21 percent to 3,535.71 points.

EGX100 rose by 1.31 percent to close at 5,242.31 points.

The market cap gained EGP 12 billion on Monday, reaching around EGP 1.162 trillion.

Top gainer was Copper For Commercial Investment & Real Estate Development, which surged by about 20 percent to EGP 40.17.

Top loser was Egyptian Gulf Marseilia For Real Estate Investment, which tumbled 5.71 percent, closing at EGP 0.612.



The official exchange rate for the dollar remained relatively stable at EGP 30.83 for purchase and  EGP 30.96 for sale.

The euro inched lower to EGP 33.57 for buying and EGP 33.72 for selling.

The Saudi riyal's buying price stood at EGP 8.22, and the selling price at EGP 8.25.

*Sources: The Central Bank of Egypt's official exchange rates, the Egyptian Stock Exchange, and iSagha.

Short link: