Gold prices began today, Saturday, October 1 in Egypt, at the beginning of their dealings today within the various goldsmiths shops operating in Egypt, with a noticeable decline in price levels, at the same levels that were recorded in transactions at the end of yesterday, Friday, and in the global market, gold prices had declined significantly, Due to the tightening policy pursued by the US Federal Reserve, through which it is constantly moving to raise interest rates and strengthen the US dollar to face the recent rises in inflation rates, and at the level of local transactions, gold prices have gone through a recent period of fluctuation, between rise and decline.
24 karat gold price per gram
The price of 24 carat gold, the most prevalent in the Gulf countries, recorded regarding 1291.5 pounds per gram.
21 karat gold price per gram
The price of 21 karat gold, the most traded in Egypt and the cities of Upper Egypt, recorded regarding 1130 pounds per gram.
18 karat gold price per gram
The price of 18 karat gold, the most prevalent in the cities of Lower Egypt, recorded regarding 968.5 pounds per gram.
14 karat gold price per gram
The price of 14 karat gold, the economic category and the most traded one in the United States, recorded regarding 755.5 pounds per gram.
gold pound price
The price of the gold pound, weighing 8 grams, of 21 karat in Egypt today reached the level of 9040 pounds.
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”.
The price of gold today in the Arab countries
The gold price today in Kuwait
The price of 24 karat gold is regarding 16.55 dinars.
The price of 22 carat gold is regarding 15.18 dinars.
The price of 21 karat gold is regarding 14.49 dinars.
The price of 18 karat gold is regarding 12.42 dinars.
The price of 14 karat gold is regarding 9.66 dinars.