The latest reports received in monitoring the price of a gram of gold in Egypt showed a decline in gold prices during today’s session, Saturday, May 11, 2024, as a gram of 21 carat gold, the best seller in Egypt, recorded. an amount of 3,140 pounds for sale, down 10 pounds compared to the closing price yesterday, Friday.
It is known that the government announced the end of the Zero Customs initiative, which was responsible for importing gold without customs duties along with those returning from abroad During the implementation period, 4.6 tons of gold in since the beginning of its implementation a year ago.
Gold prices today in Egypt
- 14 carats: 14 karat gold is priced at 2093.25 notes for sale to the consumer, and2080 A pound to buy.
- 18 carats: The price of 18 karat gold is approx 2691.5 notes for sale to the consumer, and2674.25 A pound to buy.
- 21 standards: 21 karat gold price Towards 3140 Pound for sale to the consumer, and3120 A pound to buy.
- 24 carats: The price of 24 karat gold is approx 3588.5 notes for sale to the consumer, and3565.75 A pound to buy.
The price of a pound of gold in Egypt
The price of the pound of gold rose to 25120 Pound for sale and a24,960 pounds to buyAlthough prices vary from one merchant to another, this price is considered to be an indication of the value of the gold in the market.
Gold price developments over the past week
The price of gold in Egypt rose 1.5% last week, recording an increase of 45 pounds. It closed the week’s trade at 3,135 pounds per gram, after opening the week’s trade at 3,090 pounds per gram.
The impact of the dollar exchange rate on gold prices
The dollar exchange rate in official banks has gradually declined, and is currently trading at an average price of 47.40 pounds per dollar, which limits the gains in gold prices.
2024-05-11 12:08:52
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