Egypt's gold, stocks nearly stable on Tuesday

Ahram Online , Tuesday 4 Jul 2023

There were no major changes in Egypt's gold and stock markets on Tuesday, after the seven-day long Eid Al-Adha holiday.

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


Gold prices

The price of 24-carat gold stood at EGP 2,531.5 per gram.

The 21-carat gold price was nearly steady at EGP 2,215 per gram.

The per-gram price of 18-carat gold stood at EGP 1,898.5 per gram.

The price of the gold pound inched lower to EGP 17,720.

*Prices reflect updates recorded as of midday.


Stock market

EGX30 declined by 1.13 percent to end at 17,466.18 points.

EGX70 slipped by 0.36 percent to 3,523.1 points.

EGX100 shrank by 0.44 percent to close at 5,219.07 points.

The market cap lost EGP 8 billion on Tuesday, reaching around EGP 1.154 trillion.

Top gainer was El Obour Real Estate Investment, which surged by about 20 percent to EGP 8.13.

Top loser was Elswedy Electric, which tumbled 5.71 percent, closing at EGP 19.36.



The official exchange rate for the dollar remained relatively stable at EGP 30.83 for purchase and EGP 30.95 for sale.

The euro inched higher slightly to EGP 33.62 for buying and EGP 33.76 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 Egy

Short link: