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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 6,191.9 EGP a gram, up 0.6% from 6,155. Best place to sell: BTC.
Ordinary weekBetter than 32% of the last 54 days.
To buy, the best licensed rate was iSagha, at 6,200 EGP a gram.
Ordinary weekCheaper than 69% of the last 54 days.
Closed the week at 7,075.57 EGP a gram, up 0.3% from 7,054.68. Best place to sell: BTC.
Ordinary weekBetter than 31% of the last 55 days.
To buy, the best licensed rate was iSagha, at 7,085.75 EGP a gram.
Ordinary weekCheaper than 69% of the last 55 days.
Closed the week at 53.55 EGP, up 1.81% from 52.6. Best place to sell: Abu Dhabi Islamic Bank (ADIB).
Good weekThe highest it has been in the last 55 days.
To buy, the best licensed rate was Banque du Caire, at 53.14 EGP.
Mixed weekThe most expensive it has been in the last 55 days.
Closed the week at 59.72 EGP, up 1.6% from 58.78. Best place to sell: Abu Dhabi Islamic Bank (ADIB).
Good weekBetter than 87% of the last 55 days.
To buy, the best licensed rate was Banque du Caire, at 59.58 EGP.
Mixed weekCheaper than 16% of the last 55 days.
Gold 21K closed the week at 6,191.9 EGP a gram, up 0.6% from 6,155.
BTC 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 53.55 EGP, up 1.81% from 52.6.
Figures are the week's closing values.