Written by Hamed Mahmud
The price of gold stabilized at the start of today’s trading, Sunday 11 December 2022, for all bullets circulating in the Egyptian market.
An ounce of 21-karat gold registered £1710 today, and a pound of gold registered £13,600 thousand, while 24-karat gold, the most common in the Gulf countries, registered a level of £1950.
The price of 18-karat gold, the most common in the cities of Lower Egypt, reached 1470 pounds per gram, and the price of 14-karat gold, the economy category, was recorded at 1140 pounds per gram.
Gold prices are without labour, and the workmanship varies according to each producer, and starts from 60 pounds.
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