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Arab Finance: Gold prices in Egypt edged higher on Tuesday, supported by a modest uptick in global bullion prices, according to data from local gold trading platform Dahab Masr.
By 2:45 pm, the 24-karat gold was quoted at EGP 7,708.94 for buying and EGP 7,633.52 for selling.
The price of 21-karat gold, the most widely traded in the local market, rose to EGP 6,746 for purchase and EGP 6,680 for sale, compared with EGP 6,726 and EGP 6,660 a day earlier.
Globally, spot gold climbed to $5,023.3 per ounce for buying and $5,022.7 for selling on Tuesday.
