“Sudden drop” .. Learn about the price of gold today, Friday, September 30, 2022

Gold prices fell today, Friday, September 30, in Egypt, at the beginning of trading, following the rise recorded in the middle of trading yesterday.

Gold price now in Egypt (buy)

Gold prices are now recorded in Egypt for purchase of a gram of 24 karat gold regarding 1288 pounds, while the price of a gram of 21 karat gold reached regarding 1127 pounds, and a gram of 18 karat gold decreased to 966 pounds, while the price of a gram of 14 karat gold reached 751.25 pounds.

Gold Price in Egypt (Sell)

The price of gold in Egypt for sale decreased to record a gram of 24 karat gold to 1282.25 pounds, while the price of a gram of 21 karat gold amounted to regarding 1122 pounds, while a gram of 18 karat gold recorded regarding 961.75 pounds, and the price of a gram of 14 karat gold reached 748 pounds.

The price of the gold pound today in Egypt

The price of the gold pound has decreased today in the goldsmiths’ shops, where it recorded 9016 pounds, and this price does not include workmanship, tax or stamp.

The price of gold with 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 Division tips to buy

Invoice when buying the gold pound: You must obtain from the seller a tax invoice containing the following:

Commercial Registration No.

Tax card number.

The invoice has a serial number.

The invoice is original and appeared “carbonated”.

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