The recent period has seen price instability goldHowever, there is good news from specialists who confirm that prices will decrease in the coming period and that the prices of gold Today, Saturday 31 December, there is a decrease compared to the past few days, and in the next few weeks it will decrease again, and it will be an opportunity to buy gold from who is about to get married.
The investment in gold One of the most common things that some citizens resort to is to profit from their money and make huge gains in a short period of time, because gold One of the precious metals, always characterized by a high value, so much so that governments put an equivalent amount of gold in exchange for their currency reserves gold.
And because gold will remain the source of strength for any country, as it is a metal that does not change and does not lose its value easily and is involved in many investments, as well as being involved in the currency industry.the week» In order for his followers to know everything about the service, the steps and how to implement it, as part of a continuous service he provides to his visitors in various fields, and you can follow by pressing Here.
Gold prices in Egypt today, Saturday 31 December 2022
24 karat gold price
The price of 24-karat gold registered around £1885 for sale and around £1857 for purchase
22 carat gold price
The price of 22 carat gold was approximately £1728 to sell and approximately £1702 to purchase
21 carat gold price
The price of 21 carat gold was about £1650 to sell and about £1625 to buy.
18K Gold Price
The price of 18-karat gold marked around £1414 for the sale and around £1392 for the purchase.
14 karat gold price
The price of 14-karat gold has reached around £1100 for sale and around £1083 for purchase
12 karat gold price
The price of 12-karat gold marked around £942 for the sale and around £928 for the purchase
9 carat gold price
The price of 9-karat gold hit around £707 for the sale and around £696 for the purchase
The price of an ounce of gold today, Saturday December 31st, in Egypt
The price of an ounce of gold recorded about $1824 for sale and about $1823 for purchase.
The price of the gold pound today, Saturday 31st December
The price of the gold pound today reached around £13,200 for sale and around £13,000 for purchase
Club Naguib, a member of the Gold Division of the Cairo Chamber of Commerce, revealed in a telephone interview with the satellite channel “Al-Hadath Al-Youm”, that it is impossible for the price of gold to return to 1,000 pounds again. Emphasizing that a drop in its price of 600 pounds in one go is impossible.
Naguib stressed that for the decline to occur requires a decline in the dollar, in addition to a decline in the global price of gold, emphasizing that there are many factors that require gold to fall to 1,000 pounds.
The Gold and Precious Metals Production Division of the Federation of Egyptian Industries works to provide all the support to the gold producers to develop the gold artifacts industry and to upgrade their projects in line with the global markets after the support provided by the state by removing the valuation commission on gold exports.
Stamp price and workmanship in gold
Gold prices in Egypt differ in terms of workmanship, from one goldsmith shop to another, and the average price of machining and stamping in goldsmith shops varies between £30 and £65, depending on the carat type of gold , and in the various goldsmith shops, and from one governorate to another and from one merchant to another.
It mostly accounts for between 7% and 10% of the price of an ounce of gold, and the higher the percentage of minerals present, the smaller the carat. The ounce, which weighs “31.1 grams”, is used as a unit for the weight of jewelry and gold bars.
Gold prices in Egypt today are invaluable economic information, especially for married couples, as well as investors, given its ties to the global economy, at a time when many countries’ economies have deteriorated and gold has become a safe haven for many, both in Egypt and in the rest of the Arab countries.
