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A factual recap of Egypt's licensed gold and currency market. What moved through the week, and the best licensed place to buy or sell.
Published
Closed the week at 6,325 EGP a gram, up 1.44% from 6,235. Best place to sell: Goldady.
Ordinary weekBetter than 59% of the last 27 days.
To buy, the best licensed rate was Gold Bullion EG, at 6,355 EGP a gram.
Ordinary weekCheaper than 33% of the last 27 days.
Closed the week at 7,229 EGP a gram, up 1.3% from 7,135.98. Best place to sell: Goldady.
Ordinary weekBetter than 46% of the last 28 days.
To buy, the best licensed rate was Gold Bullion EG, at 7,263 EGP a gram.
Ordinary weekCheaper than 36% of the last 28 days.
Closed the week at 52.17 EGP, up 1.5% from 51.4. Best place to sell: Abu Dhabi Islamic Bank (ADIB).
Good weekBetter than 96% of the last 28 days.
To buy, the best licensed rate was MID Bank, at 50.27 EGP.
Mixed weekCheaper than 18% of the last 28 days.
Closed the week at 60.16 EGP, up 1.11% from 59.5. Best place to sell: Abu Dhabi Islamic Bank (ADIB).
Good weekBetter than 96% of the last 28 days.
To buy, the best licensed rate was MID Bank, at 58.84 EGP.
Mixed weekCheaper than 14% of the last 28 days.
Gold 21K closed the week at 6,325 EGP a gram, up 1.44% from 6,235.
Goldady gave the best licensed rate to sell 21 karat gold. Daleelak ranks licensed sellers only and never transacts.
The US dollar closed the week at 52.17 EGP, up 1.5% from 51.4.
Figures are the week's closing values.