Witnessed gold price A decrease during the beginning of trading today, Thursday, August 11, 2022, and 21 caliber recorded regarding 1055 pounds, and the gram fell 5 pounds.
Although the dip gold prices During yesterday’s trading, a number of traders expected a return to the gold price by up to 30% due to the impact of the gold price on the rise in dollar prices, especially following the stock market recorded clear increases over the past days in the markets.
The price of gold in Egypt
The average price of gold today, Wednesday, in the market without workmanship, according to the latest update, is as follows:
24 karat gold price per gram
The price of a gram of gold today, Wednesday, 24 karat: 1211 pounds.
21 karat gold price per gram
And the price of a gram of gold today, Wednesday, 21 karat: 1057 pounds.
18 karat gold price per gram
The price of a gram of gold today, Wednesday, 18 karat: 907 pounds.
gold pound price
And the price of the gold pound today: 8480 pounds.
ounce price
And the price of an ounce of gold today recorded 1794 dollars.
gold specification
Gold varies on several karat, categorized according to the percentage of gold in each kilo, the most expensive of which is 24 karat, as it has the highest gold content of 99%.
The price of gold in the stamp and workmanship
The price of gold in Egypt varies according to workmanship, from one goldsmiths shop to another. The average price of workmanship and stamping in goldsmiths’ shops ranges between 30 and 65 pounds, depending on the type of gold carat, and in different goldsmiths’ shops, and from one governorate to another, and from one trader to another.
It mostly represents a percentage ranging between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the less the carat, and an ounce that weighs “31.1 grams” is used as a unit of weight for jewelry and gold alloys.
Gold prices today in Egypt are valuable economic information, especially for those who are regarding to marry, as well as investors, given its connection to the global economy, at a time when the economy of many countries has deteriorated, and gold has become a safe haven for many, whether in Egypt or in the rest of the Arab countries.