During this period, gold prices are witnessing a decrease in prices, after witnessing a rise in the previous days, and the Gold Division advised those who are about to get married to buy during this period.
Club Naguib, secretary of the Gold Division of the Chamber of Commerce, confirmed that the global stock market at gold prices is unstable, and gold traders price the dollar at 40 pounds, and this affects gold prices.
The Secretary of the Gold Division of the Chamber of Commerce responded, during an intervention on Al-Hadath channel today, to a question: “Is the rise in gold prices during the past days an imaginary rise and will there be a decrease in the coming period?”
He said: “The Egyptian market is open to the outside, and gold prices are determined by supply and demand, so the rise and fall is due to the influence of the market and the global stock exchange, and not as it is said about an imaginary rise.
Right buy
He pointed out that the price of gold at this time is suitable for those who are about to get married, so whoever wants to get married must buy during this period.
Record the price of gold today
The price of a gram of 24 karat gold was 2497 pounds per gram.
The price of a gram of 21 karat gold, the most common, was 2185 pounds.
The price of a gram of 18 carat gold reached 1872 pounds per gram.
As for the price of the gold pound, it recorded 17480 pounds.
Gold factory prices in Egypt:
Gold prices in Egypt differ in terms of workmanship, from one goldsmith’s shop to another, and the average price of workmanship and stamping in goldsmith’s shops ranges between 30 and 65 pounds, depending on the type of gold karat, and in different goldsmith’s shops and from one governorate to another and from one merchant to another.
gold price
It usually represents between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the lower the karat. The ounce, which weighs “31.1 grams”, is used as a unit for the weight of jewelry and gold bars.
