Gold prices have stabilized at the start of morning trading set today, Tuesday 27-9-2022, in Egypt for the third consecutive day, after stabilizing since the beginning of this week with no change in the bullet range. gold, in jewelers.
14 gauge
The lowest caliber of gold in Egypt was around 749 pounds for sale and 753 pounds for purchase, for the 14-karat, the lowest category.
24. caliber
The price of 24 carats, the highest category, reached around 1285 pounds for the sale and 1291 pounds for the purchase.
21. caliber
And the price of the 21 caliber, the most popular, was around 1124 pounds for the sale and 1130 pounds for the purchase.
18. caliber
And the price of the caliber 18 was around 963 pounds for the sale and 969 pounds for the purchase.
gold pound
The gold pound price was stable at the start of trading on Tuesday, posting around £ 8,992 for sale and £ 9,040 for buying.
ounce of gold
The price of one ounce of gold marked around 39.95 thousand pounds for the sale and 40.2 thousand pounds for the purchase.
According to the press, Egyptians, especially those about to get married, are interested in temporarily following the price of gold in Egypt, given its paramount importance to them, as gold of various gold calibers is considered a reserve of wealth in times of economic crisis.
Price of gold and stamp processing
The price of gold in Egypt varies according to the processing, from one goldsmith shop to another.The average price of processing and stamping in the goldsmith shops varies between 30 and 65 pounds, depending on the type of gold carat. and in the various goldsmith shops, and from one governorate to another, and from one merchant to another.
It mostly represents a percentage between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the lower the carat, and an ounce that weighs “31.1 grams” it is used as a unit of weight for jewelry and gold alloys.
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