Gold prices witnessed stability at the beginning of trading today, Tuesday 12-7-2022, on the fourth day of Eid, after witnessing a rise during the past week by 15 pounds.
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 the ounce that weighs “31.1 grams” is used as a unit of weight for jewelry and gold alloys.
21 . caliber
The price of 21 caliber was recorded at 985 pounds for sale and 995 pounds for purchase.
18 . caliber
In the same context, the price of 18 caliber stabilized at about 844 pounds for sale and 853 pounds for purchase
24 . caliber
And the price of gold from the highest category of goldware, specifically in 24 karat, on the fourth day of Eid, was about 1126 pounds for sale and 1137 pounds for purchase.
14 caliber
And the price of 14 caliber, the lowest category, was about 657 pounds for sale and 663 pounds for purchase
gold pound price
The price of the gold pound reached about 7880 pounds for sale and 7960 pounds for purchase, and an ounce of gold about one thousand pounds for sale 35.4 thousand 35.4 thousand pounds for purchase, and a kilo of gold about 1.125 million pounds for sale, 1.14 million pounds for purchase.
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 about 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.