Gram price of 21 karat gold to buy and sell, as search rates are currently increasing for gram price gold Buying and selling 21 karat, after the obvious increase in gold prices over the past few days, especially 21 karat, which topped the list of the most widely traded karat.
This increase comes as a result of the apparent rise in global gold prices, which have set new records.
Gold gram price, buy and sell, 21 karat
Below, we will review for you the details of gold prices today, Saturday, October 26, 2024, focusing on 21 karat, which is the most common karat.
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Today, Saturday, gold prices in the local market saw a noticeable increase, as the selling price of 24 karat reached around 4,280 pounds, while the selling price of 21 karat recorded at 3,745 pounds, which reflects the balance of supply and market demand. .
The price of a gram of 24 karat gold today was around 4,380 pounds to sell and 4,269 to buy. The selling price of 22 karat was 3,923 pounds and the buying price was 3,913 pounds, while 18 karat was recorded at a price sold 3,210 pounds. and the purchase price was 3,201 pounds.
As for 14 karat, the selling price was 2497 pounds and the buying price was 2490 pounds, while the 12 karat selling price was 2140 pounds and the buying price was 2134 pounds.
Read also: The latest developments in gold prices today…shocking increases that light up the Egyptian market
The price of the pound is gold today
The gold pound, which weighs 8 grams of 21 carats, recorded a price of around 29,960 pounds to sell and 29,780 pounds to buy. are usually placed on jewelry, which makes it more attractive to investors.
The gold pound is one of the most stable means of preserving value, especially due to the constant fluctuations in the financial and economic markets.
Price per ounce
The price of an ounce on the world stock exchange reached around $2,739, and the price of an ounce is considered one of the main factors that directly affect local prices in the Egyptian market, because the local market deal with global fluctuations, which makes the price of an ounce an important reference for investors and buyers alike.
Gold bullion prices today
Price range Gold bullion Today, depending on its weight and quality, the price of a 5-gram 24-karat bar is 21,255 pounds. While a 10-gram bar came to 42,510 pounds.
As for a 20-gram bar, it recorded 85,021 pounds, while a 50-gram bar reached 212,553 pounds.
As for the larger bullion, the price of a 100-gram bar reached 425,106 pounds, a 250-gram bar reached 1,062,765 pounds, a 500-gram bar reached 2,125,530 pounds, and a 1000-gram bar reached 4,251,060 pounds.
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Classification of gold karats in the Egyptian market
Gold is considered one of the precious elements that is very popular in Egypt, because it is widely used in making jewelry and accessories Gold karats vary according to the number percentage of pure gold content, which affects its value and use The most common types, we find 24 karat, 22 karat, and 18 karat 14 karat and 14 karat.
24-karat is considered the purest, as it contains 99.9% pure gold, which makes it a popular choice for investment through bullion However, it is not used much in everyday jewelry because of its softness It is one of the most popular types in the jewelry industry, since it contains 91.7% gold, making it ideal for creating high-quality luxury pieces.
As for 18 carat, it contains 75% gold, and it is widely used in many jewelry used in Some jewelry needs more durability, but it is less common compared to 18 and 22 carat .
People’s preferences vary between these types depending on use and purpose, with higher carats usually for fine jewelry, and because gold remains a safe haven in volatile economic times, knowing that its karats helping consumers and investors make informed decisions.
Read more: A new jump in the price of gold in Egypt today, Friday, October 25
2024-10-26 09:31:00
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