witness gold prices Today, Sunday, remarkable stability, recording a gram of 21 carat gold, which is the best-selling in Egypt today, 1800 pounds, with the weekly holiday for the goldsmiths market and the cessation of trading in gold on international stock exchanges.
Gold prices today:
18 karat recorded 1543 pounds.
21 karat recorded 1800 pounds.
24 karat, a record of 2057 pounds.
The gold pound is 14,400 pounds
Gold prices in the first week of 2023
witnessed Gold prices in the Egyptian market During the first week of January 2023, an increase of 7.5% from levels of 1675 pounds for 21 karat on January 1, 2023 to levels of 1800 pounds in today’s trading, according to the gold Bullion report to monitor the movement of gold in the markets.
The gold Bullion report said that the gold market witnessed a significant increase in demand for bullion and gold pounds throughout the week’s trading, specifically after offering certificates with a return of 25% in the National Bank and Banque Misr, which pushed prices to rise significantly, especially in trading on Wednesday and Thursday. The global price of an ounce of gold rose to levels of 1866 dollars, due to the rise in prices in the Egyptian market
The report indicated that the gold jewelry market witnessed a slight movement in sales in conjunction with the holidays and New Year’s celebrations, for products with light weights, after the factories expanded in the production of gold jewelry with lower weights to meet the market demand, especially with the clear rise in the price of the precious metal.
The report indicated that all gold bullets circulating in the market witnessed an increase of 7.5%, as 24-carat gold rose from 1914 pounds to levels of 2057 pounds without adding manufacturers, and the price of a gram of 18 carat moved to levels of 1543 pounds, compared to the price of 1436 pounds earlier this week.
The report stated that the price of the gold pound jumped by about 1,000 pounds during the first week of 2023, to move from 13,400 pounds to levels of 14,400 pounds in the markets, without adding manufacturing costs.