2023-08-12 20:56:55
Saturday 12/August/2023 – 11:56 PM
The price of gold in Egypt rose significantly at the end of trading today, Saturday, as gold prices in Egypt recorded a remarkable rise during the past 48 hours, as the price of a gram of 21 karat gold today, Saturday, August 12, 2023, at the close of trading, amounted to 2380 pounds, which is one of the most widespread calibres. In Egypt, following the price of a gram of gold recorded a sudden increase during the past two days, Thursday and Friday, by 200 pounds, following a successive series of declines during the past weeks; Where the price of a gram of 21 carat gold, which is one of the most common calibers in Egypt, recorded 2380 pounds, while an ounce globally recorded a slight decline of $5; Where the ounce recorded 1914 dollars.
The gold prices in Egypt today, Saturday, were as follows:
Gold price in Egypt
The price of a gram of 21 karat gold
The price of a gram of 21 carat gold was regarding 2380 pounds.
The price of a gram of 24 karat gold
The price of a gram of 24 carat gold was regarding 2720 pounds.
The price of a gram of 18 karat gold
The price of a gram of 18 karat gold recorded regarding 2040 pounds.
The price of a gold pound in Egypt
The price of the gold pound in Egypt recorded 19040 pounds.
The global price of gold
The global price of an ounce was $1914.
The past days witnessed movements between a decline and an increase in the yellow metal; As a result of local and external factors, and the most prominent local factors that affected the price of gold in Egypt is the government’s decision to approve the Prime Minister’s draft decision, regarding exempting gold imports in semi-worked forms, as well as those intended for circulation in cash, jewelry, and precious metals, even if they are clad or crusted. Precious metals, which are brought with those coming from abroad, from the customs tax and other fees, except for the value-added tax, for a period of 6 months.
This decision, according to Amir Rizk, an expert in the field of gold, had great effects on the price of gold in Egypt. It led to successive declines, but it quickly rose once more today, recording a rise that reached 200 pounds in the price of a gram within 48 hours.
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