Local markets are influenced by changes in the global gold supply, with investors monitoring production volumes in major mines and industrial consumption trends. Gold in Egypt continues to react to global markets amid investor interest in interest rate movements and economic factors affecting global demand.

Here are the latest gold prices in Egypt on Monday:

• 24-carat gold price: 6,166 EGP
• 21-carat gold price: 5,395 EGP
• 18-carat gold price: 4,624 EGP
• Gold pound price: 43,160 EGP

Gold prices in Egypt fluctuate continuously throughout the day, with price swings of about 20 to 30 EGP up or down, due to rapid developments in the global gold market and supply and demand factors.