Home » Business » Gold Prices in Egypt Today: 16 October 2023 | Decline, Fluctuation, and Latest Updates

Gold Prices in Egypt Today: 16 October 2023 | Decline, Fluctuation, and Latest Updates

The price of gold today in Egypt witnessed a new decline after witnessing a big jump yesterday and over the past several days, as it suffered from a clear fluctuation during those days, where you see it sometimes falling and sometimes jumping high, and this is after the strong jump that occurred at the beginning of this month. Let us learn about gold prices today 16 From October 2023 in detail, according to what was stated at the beginning of today’s transactions in the Egyptian Goldsmiths Market.

The price of a gram of 21 carat gold yesterday

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The price of a gram of gold touched 2,100 pounds, and after it reached this point, it jumped again to 2,400 pounds, and this was before it fell again today in the price of a gram of 21 carat today in Egypt, which is the most famous caliber.

The price of 21 carat and 18 carat is the most frequently asked about by citizens, and many Egyptians prefer to buy them when intending to buy gold jewelry, with 18 carat being the most expensive.

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Today’s 18 karat gold price

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When some people start making the decision to buy gold jewelry, some segments tend to buy 18 karat and start searching for its price because it is the most widespread in the goldsmiths’ market.

Today, 18 karat recorded a noticeable decline to less than 2000 pounds at the lower limits in the market today, and this after it jumped to more than 2050 pounds, to record a new price today, which is only 1997 pounds, and it remains declining from the highest price by a not small difference, as it reached 2500 pounds. Last April, the peak of the rise.

Live gold price in Egypt

A large group of people coming to buy or sell metals are looking for the direct price of gold, as it changes according to transactions throughout the day, and the most important thing that is searched for is 21 karat and 18 karat for buying and selling transactions, and through our website we will learn about the price of the karat without adding the workmanship:

“Gold madness”… The price of a gram falls below 2000 pounds after a rapid jump, and the price of 21 carat gold is now a surprise

The price of karat gold today, Monday, October 16, reached about 2686 pounds for purchase today.

While the price of 18 karat gold today reached about 1,997 Egyptian pounds.

Today, the price of 21 karat gold was only about 2,350 pounds.

Today, 14 karat gold was sold for purchase at about 1,567 Egyptian pounds only.

While the price of the 24-karat gold pound today in Egypt reached about 18,640 thousand Egyptian pounds.

240 pounds per hours

As for the price of the 8-gram 24-karat gold pound, it fell by 240 pounds once when compared to yesterday’s prices, as it recorded 18,640 Egyptian pounds today after recording about 18,880 pounds yesterday for purchase, and it also recorded 19,200 pounds several days ago, and was recorded in late September. About 17,200, and it is still declining strongly, as the highest price it achieved was 22,400 Egyptian pounds, which was last April.

Gold price globally

The price of an ounce of gold fell globally after making a strong jump in the past few days, as it rose and reached its peak levels of 1,932.82 after returning to 1,925.60 US dollars today, 181 US dollars several days ago, while it recorded 2056 at the end of last June, where it was High.

Read also: What is the secret of this rise? Find out the price of a gram of gold in Egypt

What are the best gold bullion in Egypt?

The best type of gold bullion in Egypt is the BTC type bullion, as it is the most famous international bullion brand and investors need it in order to save because of its high quality.

Is it permissible to buy gold bullion?

Yes, it is permissible and there is nothing wrong with buying bullion.

How do I know that the gold alloy is authentic?

Gold bullion is stamped by the Department of Stamps and Weights.

2023-10-18 03:00:00
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