assisted Gold price in EgyptToday, Sunday 18 September 2022, it has stabilized after rising by an amount between 3: 4 pounds in various sizes, yesterday, Saturday, it is affected by the rise in the price of an ounce on the world stock exchange, as well as the state of the offer. and the demand for gold in the goldsmith markets.
The gold market in Egypt has witnessed several price fluctuations in the last period, at other times between ups and downs.
The local price of gold is determined according to the equation of multiplying the global price by the price of the dollar in the parallel market, which causes prices to rise in the local market, because gold is imported at the price of the dollar in the parallel market.
Price of 24 carat gold per gram
The price of 24-karat gold has now increased by 4 pounds per gram, to record 1275 pounds.
Price of 21 carat gold per gram
The price of one gram of gold also recorded an increase of 1116 pounds, an increase of 4 pounds, compared to the prices of yesterday, Friday, and is the most popular caliber in Egypt.
The price of one gram of gold today is 18 karats
The price of one gram of gold has risen to 956 pounds, which is the best-selling caliber in Lower Egypt.
The price of the gold pound today
The price of the pound of gold has risen to 8928 pounds and weighs 8 grams of 21 carats.
Gold futures and spot prices
Gold prices rose globally at close of trading on Friday and the spot price of gold rose by $ 11.31, an increase of 0.68%, to reach $ 1,675.15 per ounce. and gold futures contracts for October delivery rose approximately $ 6, or 0.36%. to record $ 1672.8 per ounce.
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 the ounce that weighs “31.1 grams” it is used as a unit of weight for jewelry and gold alloys.
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