Gold prices witnessed during the beginning of trading today, Thursday, March 2, 2023, an increase in the goldsmiths’ market in various governorates of Egypt, and the most widespread 21-carat gold price recorded regarding 1740 pounds for sale and 1720 pounds for purchase, and the price of 24-carat gold, the highest category, reached regarding 1988 pounds for sale and 1965 pounds for purchase.
The gold price in Egypt today
Today’s gold price is 24 karat
The price of 24 karat gold recorded regarding 1988 pounds for sale, and 1965 pounds for purchase.
The price of gold today is 21 karat
The price of 21 karat gold recorded regarding 1740 pounds for sale, and 1720 pounds for purchase.
18 karat gold price
In the same context, the price of 18 karat gold today reached regarding 1491 pounds for sale, and 1474 pounds for purchase.
14 karat gold price
The price of 14 karat gold today reached regarding 1160 pounds for sale, and 1146 pounds for buying.
The price of the gold pound today
The price of the gold pound reached regarding 13,920 pounds for sale, and 13,760 pounds for purchase.
Gold price stamp and workmanship
Gold prices in Egypt vary according to workmanship, from one goldsmith’s shop to another, and the average price of workmanship and stamping in goldsmith’s shops ranges between 30 and 65 pounds, depending on the type of gold karat, and different goldsmith’s shops, and from one governorate to another, and from one merchant to another.
It usually represents between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the lower the karat. The ounce, which weighs “31.1 grams”, is used as a unit for the weight of jewelry and gold bars.
Gold prices today in Egypt are valuable economic information, especially for those regarding to get married, 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 the rest of the Arab countries.
Gold division tips for buying
Invoice When buying a gold pound: you must obtain from the seller a tax invoice containing the following:
Commercial Registration No.
Tax card number.
The invoice contains a serial number.
The invoice is an original and “carbonated” back.
Read also:
21 karat, a surprise.. Gold prices in Egypt today, Wednesday, March 1
“Yellow continues to rise.” The price of gold is now in Egypt
