The price of gold at the beginning of trading today, Saturday, witnessed slight fluctuations in the local markets, and at the global level, spot gold prices fell by 0.28% to $ 1753.66 an ounce.
After falling to its lowest level since July 29 at $1,752.77 earlier, US gold futures fell regarding 0.2 percent to $1,767.70.
record price per gram gold 21 karat today in Egypt: 1078 pounds today, Saturday 20-8-2022.
The gold price today in Egypt
21 karat gold price per gram
And the price of a gram of gold today, Saturday, 21 karat: 1079 pounds.
18 karat gold price per gram
The price of a gram of gold today, Saturday, 18 karat: 925 pounds.
24 karat gold price per ounce
While the price of an ounce of gold today, Saturday, 24 karat: 38.813 pounds.
gold pound price
And the price of the gold pound today: 8624 pounds.
Head of the Gold Division advises citizens to buy
Hani Milad, head of the General Division for Gold and Jewelery at the General Federation of Chambers of Commerce, revealed yesterday, in a telephone interview to the “Red Line” program presented by the journalist Muhammad Moussa on Al-Hadath channel, the reasons for the decline in gold prices, falling to the lowest level in 3 weeks, for raising interest rates by the Federal Reserve. The US Federal Reserve affected the global stock market, noting that the price of gold futures contracts ranged between $1,760 per ounce.
And the head of the General Division of Gold continued, global changes have become strong, violent and accelerated as a result of global conditions, explaining that gold prices are proportionate and coherent at the local level, advising consumers to buy at the present time, expecting to rise once more to exceed $2000 an ounce.
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.
Gold prices in the Arab countries today, Saturday, August 20, 2022
The price of gold in the UAE
The price of 24 karat gold records 206.37 dirhams
The price of 22 karat gold records 189.17 dirhams
The price of 21 karat gold records 180.57 dirhams
The price of 18 karat gold records 154.78 dirhams
The price of 14 karat gold records 120.38 dirhams
The price of gold in Kuwait
The price of 24 karat gold recorded 17.30 dinars
The price of 22 karat gold recorded 15.86 dinars
The price of 21 karat gold recorded 15.14 dinars
The price of 18 karat gold recorded 12.97 dinars
The price of 14 karat gold recorded 10.09 dinars
The price of gold in Saudi Arabia
The price of 24 karat gold recorded 210.87 riyals
The price of 22 karat gold recorded 193.30 riyals
The price of 21 karat gold recorded 184.51 riyals
The price of 18 karat gold recorded 158.15 riyals
The price of 14 karat gold recorded 123.01 riyals
The head of the Gold Division advises citizens to buy for this reason.. Video
Head of the Gold Division: 14 karat at 750 pounds… and the experiment is under study (video)
After fixing interest rates, find out the price of gold today, Friday, August 19, 2022