Gold prices in Egypt saw an increase of 6 pounds during the start of trading today, Tuesday 25-10-2022, where the price of “21” carats amounted to around 1130 pounds, while “24” carats recorded around 1291 pounds and “18” carats recorded around 969 pounds.
While the price of “14” carat gold amounted to about 753 pounds, the value of the gold pound reached 9,040 pounds and an ounce registered 1,650 dollars on international exchanges.
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Prices and processing
The gold processing price is set at a rate between 7% and 10% of the price of one gram of gold, and therefore with each increase in the percentage of existing minerals, the carat price of the other units will decrease, and vice versa, especially with the use of an ounce of gold that weighs about 34 grams as a unit for the weight of jewels and gold alloys. The price of the work varies from one jeweler to another. The average price of processing and molding in the goldsmith shops varies between 30 and 65 pounds, depending on the type of gold karat, and in the different goldsmith shops, and from one governorate to another, and from one merchant to another. , as often happens, it reaches a rate between 7% and 10% of the price of a gram of gold.
The price of the dollar today, Tuesday 25 October in the banks
The price of the dollar recorded today, Tuesday, in official bank transactions with the National Bank of Egypt, 19.63 pounds for the purchase and 19.69 pounds for the sale.
The dollar price today, at Banque Misr, was £ 19.63 for the purchase and the selling price reached £ 19.69 and the Commercial International Bank recorded a price of £ 19.65 for the purchase and 19.71 pounds for the sale.
While the dollar in the Abu Dhabi Islamic Bank recorded a price of 19.68 pounds for the purchase, while the selling price reached 19.71 pounds, and the Arab African Bank recorded a price of 19.63 pounds for the purchase and £ 19.69 for the sale.
As for the Bank of Alexandria, the dollar today recorded the purchase price of 19.65 pounds, while the sale price reached 19.71 pounds.
