gold prices.. Gold prices in Egypt witnessed during the beginning of trading today, Wednesday 8-2-2023, a decline compared to yesterday’s prices, as the price of a 21-carat gram fell strongly, to record below 1720 pounds, following it reached 1950 pounds earlier last month.
The price of an 18-carat gram fell to 1457 pounds for sale, down by more than 200 pounds from the highest price it reached last January.
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The price of a gram is 21 karat
And the price of a gram of 21 karat gold was recorded today, Wednesday, 21 karat: 1710 pounds for purchase.
The price of a gram of 18 karat
Today, Wednesday, the price of a gram of 18 karat was recorded: 1466 pounds.
The price of a gram of 14 karat
Today, Wednesday, the price of a gram of 14 carat was recorded: 1140 pounds.
The price of the pound
While the price of the gold pound today, Wednesday, was 24 karat: 13,680 pounds.
The price of an ounce is 24 karat
While the price of an ounce today, Wednesday, was 24 carat: 1874 dollars.
Factory gold prices today
The value of gold without workmanship differs from gold to which workmanship, tax, and stamping are added today, and the increase is different according to the price of the gram itself, the shapes and weights of the artifacts, and the jewelry related to them.
For those wishing to calculate the price of workmanship, a percentage ranging between 5 and 10% is added to the price of one gram, and in the same context, if the proportion of metals present with gold, such as copper, is increased, the karat decreases, and the ounce is used in transactions as a unit for the weight of alloys, which weighs regarding “31.1 grams.” almost.
Gold enjoyed a great recovery and approached its highest levels in 2020 and 2011. But the stock market also rebounded and outperformed gold strongly in the past few weeks, and the recent recovery in the stock market caused some losses for gold..However, the economic data is getting worse Slowly, eventually a recession and rate cuts are likely. In the meantime, to get a better picture of where the precious metals currently stand, we have to go back to history.
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