Gold prices are down 5 pounds today, and 21 karat drops below a thousand pounds per gram

Gold prices in Egypt witnessed during trading today, Wednesday, July 13, 2022, a decline of regarding 5 pounds, once morest the background of the global gold price, which recorded a noticeable decline to levels of 1729 dollars, compared to the price of 1747 dollars, which was reflected in gold prices in Egypt.

A gram of 21 karat gold, which is the most popular in the goldsmiths market in Egypt, recorded a drop below 1000 pounds per gram to levels of 995 pounds per gram at the time of drafting these lines, without adding workmanship to the gram.

Gold prices today, Wednesday

21 carat records 995 pounds per gram.

Caliber 24: 1137 pounds.

Caliber 18: 853 pounds.

The gold pound is 7960 pounds.

An ounce of gold is $1,729.

Since the beginning of this month, gold factories have witnessed a rise following the increase in value-added tax on gold factories. The average value of workmanship on a gram of 21 carat gold will rise to 44 pounds, and the value of the value-added tax due on it will rise to 6.16 pounds.

The average workmanship of a gram of 24 and 18 karat gold is to 66 pounds, provided that the value of the value-added tax due on it is 9.24 pounds, and the average value of workmanship on a 14-karat gram will rise to 55 pounds and a tax is due on it 7.7 pounds, and the price of workmanship on a 12-karat gram will reach 49.5 pounds, and the value-added tax on it is 6.93 pounds, while a gram of 9 caliber will raise the price of its manufacture to 33 pounds, provided that a value-added tax of 5.62 pounds will be obtained from it.

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