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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 6,125 EGP a gram, down 1.37% from 6,210. Best place to sell: Gold Bullion EG.
Weak weekBetter than 7% of the last 41 days.
To buy, the best licensed rate was eDahab, at 6,139 EGP a gram.
Good weekCheaper than 90% of the last 41 days.
Closed the week at 7,000 EGP a gram, down 1.78% from 7,126.56. Best place to sell: Gold Net Trading (GNT).
Weak weekBetter than 10% of the last 42 days.
To buy, the best licensed rate was Gold Bullion EG, at 7,017 EGP a gram.
Good weekCheaper than 91% of the last 42 days.
Closed the week at 52.4 EGP, up 1.26% from 51.75. Best place to sell: Abu Dhabi Islamic Bank (ADIB).
Good weekThe highest it has been in the last 42 days.
To buy, the best licensed rate was QNB, at 52.15 EGP.
Mixed weekThe most expensive it has been in the last 42 days.
Closed the week at 59.15 EGP, up 0.39% from 58.92. Best place to sell: Abu Dhabi Islamic Bank (ADIB).
Ordinary weekBetter than 36% of the last 42 days.
To buy, the best licensed rate was QNB, at 59.16 EGP.
Ordinary weekCheaper than 31% of the last 42 days.
Gold 21K closed the week at 6,125 EGP a gram, down 1.37% from 6,210.
Gold Bullion EG 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 52.4 EGP, up 1.26% from 51.75.
Figures are the week's closing values.