withdraw The price of gold in EgyptDuring the start of trading today, Wednesday 19 October, in the goldsmith shops, the price of a gram of gold has dropped by 3 pounds.
and difference gold prices In Egypt, with processing, from one goldsmith shop 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 carat, and in the different goldsmith shops, and from one governorate to another, and from one merchant to another, and mostly represents a percentage ranging from 7% to 10% of the price.The gram of gold, and the higher the percentage of metals present, the lower the carat, and an ounce that weighs 31.1 grams is used as a unit of weight for jewelry and gold alloys.
and counting gold prices Today Egypt has valuable economic information, especially for those who are getting married, as well as for investors, given its link to the global economy, at a time when the economy of many countries has deteriorated and the gold has become a safe haven for many, both in Egypt and in the rest of the Arab countries.
and provide “the week»For his followers to know all about gold prices, as part of a continuous service he provides to his visitors in various fields, and you can follow by clicking here.
Gold price in Egypt today
Price of 24 carat gold per gram
The price of one gram of 24-karat gold today is 1266 pounds and is considered the most popular in the Gulf countries.
Price of 21 carat gold per gram
The price of a gram of 21-karat gold today is 1108 pounds and is considered the most popular in Egypt, particularly in the Cairo and Alexandria governorates.
Price of 18-karat gold per gram
The price of one gram of 18-karat gold is around 950 pounds and is considered the most popular in Upper Egypt.
Price of 14k gold
The price of the caliber 14 is around 741 pounds for the sale and 743 pounds for the purchase
The price of a kilo of gold
The price of a kilo of gold is around 1.27 million pounds for the sale and 1.3 million pounds for the purchase
How much does an ounce of gold cost in US dollars?
The price of an ounce of gold was around $ 1652.
price of the gold pound
The price of the gold pound is about 8850 pounds, and the price can vary from one trader to another, and this price is equal to the value of gold in the pound, and its price is related to the prices of one gram of 21 carat.
The price of an ounce of gold on the global stock exchange today
The price of gold on the world stock exchange today witnessed a change in prices during today’s evening trading, to rise in spot gold contracts and register around $ 1656.80, after having registered $ 1654.78 in the middle of trading. , while ounces in gold futures declined and recorded about $ 1657.25, after recording $ 1660.05 in midday trading today.
7 tips before buying gold
1- Before entering the process of purchasing gold crafts, it is necessary to know some important points, such as the prices of gold grams (18 – 21 – 24), the prices of processing, as well as the price of goods and tax on services.
When buying gold crafts, you need to choose a reputable and reputable store, so that you can resell the products in the future without any problems.
2- When buying gold items, you need to make sure that cloves are an essential part of the weight of the gold, and that they are recorded in the purchase invoice within the net weight of the gold, and when selling, the trader must count the cloves (precious stones and diamonds) by the weight of the gold jewelry and it is not necessary to disassemble them, as it is preferable to sell them to the same trader from which it was purchased.
3- The price of the processing varies from one dealer to another, so you should look for the lowest price offered for the processing.
4- In the case of buying gold for savings, it is preferable to buy bars because the processing is low and does not exceed 30 pounds, or pounds of gold because its price is fixed and without processing, or broken gold and the processing on varies between 20 and 25 lbs.
5- The processing is not added only at the time of purchase, but at the time of sale it is only at the announced price without processing.
6- Avoid selling on traders’ holidays (Sunday), because you will fall prey to the owners of some shops and they will offer you the lowest price they have.
7- The merchant must be forced to weigh the gold in front of your eyes, and not settle for the weight he mentions at the beginning, to make sure that the weight is safe and not manipulated.
How to calculate the price of gold at the time of purchase
To know how to calculate the price of gold at the time of purchase, we must realize that the final price of gold is equivalent to multiplying the price of one gram by the weight of the gold to be purchased, plus the price of processing and the commodity. and service charge.
Example when you buy an 18-karat gold ring weighing 3 grams and the price of one gram of 18-karat gold today in Egypt is 853.96 pounds The final price is calculated by multiplying 3 x 853.96 = 2561 pounds, then adding to it the processing value, which ranges from 80 to 120 pounds, and a tax on goods and services equivalent to 2.5%.
How to calculate the price of gold in Egypt
To calculate the price of gold in Egypt it is necessary to specify the type of karat, whether it is 24, 21 or 18, then the identifier of the weight of the jewel in grams, the value of the workmanship, as well as the value of the tax on goods and services.
The number of grams is multiplied by the value of each gram after adding the production price and taxes.
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