The price of gold in Egypt stabilized in the middle of today’s trading, as it increased by a small percentage of one pound for 24 karat gold, after it witnessed an increase during the morning trading today, Thursday, October 20, 2022.
Gold prices in the middle of trading today, Thursday, October 20, 2022
The price of 24 carat gold recorded about 1269 pounds per gram.
– The price of 21 karat gold recorded about 1110 pounds per gram.
The price of 18 karat gold recorded about 951 pounds per gram.
The price of 14 karat gold recorded about 740 pounds per gram.
The price of the gold pound today in Egypt was 8880 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 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 at the beginning of morning trading today, Thursday, October 20, 2022
– The price of 21 karat gold recorded about 1109 pounds
– The price of 24 karat gold recorded about 1268 pounds
– The price of 18 karat gold recorded about 951.5 pounds
– The price of 14 karat gold recorded about 740 pounds
Global gold prices today, Thursday, October 20, 2022
The price of gold rose globally in the middle of trading today, Thursday, October 20, 2022, and the price of an ounce of gold reached near the level of $ 1634 an ounce, and increased by 0.29%, according to data from Bloomberg Agency.
The reasons for the rise in global and local gold prices
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.
Read also:
“21 karat how much?”.. Learn about the price of gold today, Thursday, October 20, 2022 in Egypt