Stabilized gold prices In Egypt, I have goldsmiths at the beginning of trading today, Sunday, November 1, 2020; After rising yesterday, Saturday at the close of trading, at an average of at least 4 pounds, what it was yellow metal. The price of one gram is from Caliber 21 The most widespread in the goldsmiths’ shops, about 824 pounds.
– The price per gram is from 18 caliber About 706 pounds.-
The price per gram of the highest 24-carat denomination reached 942 pounds.
The price of a gram of the minimum 14-carat category was about 549 pounds.
In the same context, the price of a pound of gold was about 6592 pounds, an ounce of gold was about 29.3 thousand pounds, and a kilo of gold was about 941.714 thousand pounds.
The price of gold in Egypt varies according to workmanship, from one goldsmith’s shop to another, and the average price of workmanship and stamping in the goldsmith’s shops ranges between 30 and 65 pounds depending on the type of gold carat, as well as the different goldsmiths’ shops and from one governorate to another and from one dealer to another, as it usually represents a percentage ranging between 7 % And 10% of the price of a gram of gold.
The higher the percentage of minerals present, the smaller the carat. An ounce, which weighs 31.1 grams, is used as a unit for weighting jewelry and gold bars.
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