Gold prices today, Tuesday, July 12, 2022 in Egypt

Gold prices in Egypt witnessed the fourth day of Eid al-Adha, the stability of the time of drafting these lines, after a limited decline of about 5 pounds, so that 21 carat gold fell from 1005 to 1000 pounds per gram without adding workmanship yesterday, with the continued instability in terms of supply and demand and the availability of liquidity During the days of Eid al-Adha.

gold price today tuesday

21 karat records 1000 pounds per gram

18 karat records 857 pounds per gram,

24 carat records 1147 pounds per gram

The gold pound is 8000 pounds.

Gold prices, at the end of the week’s trading, moved in Egypt about 25 pounds to the upside, against the backdrop of the rise in gold prices globally to levels of 1740 dollars, compared to a decline to 1716 levels, due to the decline in the performance of the dollar, which is reflected in the price of gold in the global stock market.

The new estimated increase in value-added tax on gold factories will increase the average value of the workmanship on a gram of 21 karat gold to become 44 pounds, and the value of the value-added tax due on it will be 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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