How to calculate the prices of gold bullion in Egypt, adding workmanship and fees

2023-12-20 21:00:00

Books – Islam Saeed Wednesday, December 20, 2023 11:00 PM

The bullion in Egypt is 24 carat and ranges from half a gram to 1 kilogram of gold and has 999.9 written on it. This number means that this is pure gold without impurities.

Calculation method Bullion price With workmanship and fees in a simplified way.. You know the price of 24 carat gold per hour in which you will make the purchase and add to it the workmanship, which ranges between 55 to 60 pounds in small weights and multiply the result by the weight that you will buy..

For example, to clarify, if you are going to buy a 5-gram alloy… and the price of 24 karat gold is 3400 pounds… we know that the manufacturing price of a gram in this alloy will be 60 pounds… so the calculation process is clear: 3400 thousand + 60 pounds, so the calculation becomes 3460, and we multiply this number by the weight of 5, which The weight of the alloy you will buy makes the final price, including workmanship, 17,300 pounds.

The following is a list of the alloy manufacturers:

The manufacturing and stamping of an alloy weighing half a gram amounted to approximately 100 pounds

The workmanship and stamping of an alloy weighing 1 gram amounted to 67 pounds.

The workmanship and stamping of an alloy weighing 2.5 grams amounted to 66 pounds.

Manufacture and stamping of a 5 gram alloy became 60 pounds.

The workmanship and stamping of an alloy weighing 10 grams amounted to 60 pounds.

The workmanship and stamping of an alloy weighing 20 grams amounted to 56 pounds.

The manufacturing and hallmarking of an ounce bar weighing 31.10 grams amounted to 56 pounds.

The factory price of a 50-gram alloy is 65 pounds

The factory price of a 100-gram bar is 55.5 pounds

Manufacturability of alloy 250 records 27.20 pounds

Manufacturer of 500 grams 26.20 pounds

A kilogram of gold is manufactured for only 25 pounds.

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