The price of gold in Egypt rose at the end of today’s trading by 9 pounds for 21 karat gold, following it witnessed a decrease during the middle of daily trading today, Monday, October 10, 2022.
Gold prices at the end of trading today, Monday 10 October 2022
The price of 24 carat gold recorded regarding 1250 pounds.
– The price of 21 carat gold recorded regarding 1094 pounds.
The price of 18 karat gold recorded regarding 937.7 pounds.
– The price of 14 karat gold recorded regarding 731.4 pounds
The price of the gold pound today in Egypt was 8752 pounds.
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 merchant to another, where it mostly represents a percentage ranging between 7% and 10 % of the price of a gram of gold, and the higher the percentage of metals 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 in the middle of trading today, Monday, October 10, 2022
The price of 14 karat gold to 723 pounds per gram.
The price of 18 karat gold to 930 pounds per gram.
The price of 21 karat gold is 1085 pounds per gram.
– The price of 24 karat gold to 1240 pounds per gram
Global gold prices today, Monday 10 October 2022
The global price of gold recorded at the beginning of the morning trading of 1690 dollars, and it recorded in the middle of the transactions 1680 dollars, meaning that there is a decrease of 10 dollars per gram, and this decline came in the trading of the beginning of the week, as the stock exchanges close from Friday evening and start their work on Monday morning.
The reasons for the decline in gold prices globally and locally
Gold is witnessing a state of fluctuation between low and high, as a result of speculation and international economic conditions, and gold is one of the global commodities that are affected by all international factors for each country separately.
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