The report published on the seventh day, Sunday morning, entitled The cheapest gold set in Egypt, met with great reactions, and many observers asked about the main reason for the low price of the gold set, which was the focus of the topic, and also accused others that the gold intended in this report is gold other than It is true, and others ruled out that the report is talking about original gold, and we will answer in this report about the reasons for the cheapness of the gold set, which is the cheapest in Egypt at only 2100 pounds..
The main reason for reducing the price of the cheapest gold set in Egypt is the price of workmanship, which is almost negligible, as the whole set is a “collet and ancel” at 2100 pounds, for the first in Egypt, and the weight of this set is 2.25 grams, and the gram price is now caliber 18, which is the main component of the cheapest gold set in Egypt, is the price of 665 pounds per gram.
Gold continued to decline to its lowest level in 5 months as investors rushed to high-risk assets after the pharmaceutical company, AstraZeneca, ignited the Coronavirus vaccine race and a US federal agency approved the start of procedures for the presidential transition in the United States to Joe Biden..
In the goldsmiths market, gold fell in Egypt to levels of 780 pounds per gram of the main caliber, which prompted many consumers to ask, is the current time suitable to buy and take advantage of the period of gold decline, or to sell gold jewelry and reap profits and avoid the continuing decline of gold.
As for those who are about to buy the network, it is possible now to buy gold and take advantage of the great decline in gold, which approached 40 pounds per gram, especially here that the purchase is not for the purpose of investment.
Those who intend to buy gold for the purpose of investment, the decision to buy can now be postponed pending the outcome of the events during the coming period, especially with the desire of investors to get rid of safe havens with the announcement of pharmaceutical companies that they reach a vaccine to treat the Corona virus.
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