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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 6,219.7 EGP a gram, down 2.17% from 6,357.44. Best place to sell: Goldady.
Weak weekBetter than 9% of the last 33 days.
To buy, the best licensed rate was Gold Bullion EG, at 6,220 EGP a gram.
Good weekCheaper than 97% of the last 33 days.
Closed the week at 7,108.23 EGP a gram, down 2.25% from 7,271.89. Best place to sell: Goldady.
Weak weekBetter than 6% of the last 34 days.
To buy, the best licensed rate was Gold Bullion EG, at 7,109 EGP a gram.
Good weekCheaper than 97% of the last 34 days.
Closed the week at 51.75 EGP, down 0.86% from 52.2. Best place to sell: SAIB.
Ordinary weekBetter than 74% of the last 34 days.
To buy, the best licensed rate was Abu Dhabi Islamic Bank (ADIB), at 51.49 EGP.
Ordinary weekCheaper than 24% of the last 34 days.
Closed the week at 58.92 EGP, down 1.46% from 59.79. Best place to sell: HSBC Egypt.
Weak weekBetter than 15% of the last 34 days.
To buy, the best licensed rate was Abu Dhabi Islamic Bank (ADIB), at 58.66 EGP.
Good weekCheaper than 82% of the last 34 days.
Gold 21K closed the week at 6,219.7 EGP a gram, down 2.17% from 6,357.44.
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 51.75 EGP, down 0.86% from 52.2.
Figures are the week's closing values.