The price of gold today, Wednesday.. continues to acquire a wide segment of Egyptians, despite the entry of 25% certificates into the scene strongly, as amateurs of savings in the yellow metal await a decline in the price of gold. gold in Egypt While gold holders await its rise to achieve greater gains, and also to think about selling and buying savings certificates before closing them in the coming days.
testified gold price In the last hours of today, Wednesday, a new decrease from the beginning and middle of today’s trading, Wednesday, January 18, 2023, inside Al Sagha stores.
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The price of gold is now globally
The price of gold at the global level is witnessing a significant decline today, as the price of an ounce reached “31.1 grams” at 1904 dollars, after the global spot contracts for gold recorded a big jump in the past days and reached 1920 dollars.
The price of gold now in Egypt
24 karat gold price
The price of 24 karat gold for bullion declined to about 2045.75 pounds for sale, and 2022.75 pounds for purchase.
22 karat gold price
The price of 22 carat gold fell by about 10.5 pounds, to record 1875.25 for sale, and 1854.25 for buying.
21 karat gold price
The price of 21 carat gold fell by about 10 pounds, to record 1790 for sale, and 1770 for purchase.
18 karat gold price
The price of 18 karat gold fell by about 8.5 pounds, to record 1534.25 for sale, and 1517.25 for buying.
14 karat gold price
The price of 14 carat gold fell by about 6.75 pounds, to record 1193.25 for sale, and 1180 for purchase.
12 karat gold price
The price of 12 karat gold fell by about 5.75 pounds, to record 1022.75 for sale, and 1011.5 for buying.
9 karat gold price
The price of 9 carat gold fell by about 4.25 pounds, to record 767.25 for sale, and 758.5 for buying.
The price of the gold pound
The price of the gold pound decreased by about 80 pounds, to record about 14,320 pounds for sale, and 15,580 for buying.
Workmanship price, stamp and tax
The price of workmanship, the stamp, and the tax varies according to the goldsmith’s shops, from one governorate to another, and from one merchant to another, as it mostly represents a percentage ranging between 5 and 10% of the price of a gram, and the higher the percentage of the minerals present mixed with gold, the lower the karat.
Gold price forecast for the coming period
Gold prices witnessed a slight decline today, Wednesday, with the rise of the US dollar, amid expectations of a slowdown in the pace of raising interest rates by the Federal Reserve.
According to the statements of a metal market analyst, he indicated that the price of gold will be around the $1900 level in the near term, expecting no major movements to occur and it will remain stuck within a narrow range.
He explained that the market will focus on economic data for the coming period. If things continue in the direction that inflation is going down and interest rates are going to go down, then gold will be bullish.
The price of other metals globally in dollars
– Silver fell in spot transactions by 0.1 percent, to $ 23.90 an ounce.
Platinum fell 0.6 percent to $1,033.06.
Palladium fell 0.2 percent to $1,740.30.
read more:
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The price of gold in the UAE decreased on January 18, 2023. 21 carat recorded 196 dirhams
