The goldsmiths’ markets in all governorates ended their evening dealings with a significant decrease in gold prices today in Egypt, Wednesday 8-30-2023, affected by the strong decline in demand for the metal and the ambiguity of the dollar’s position against the pound in the parallel market, in conjunction with the strong rise of the ounce globally on the International Metals Exchange.
The gram lost about 15 pounds over the course of the day’s trading, and the price of a 21-carat gram, the most common in Upper and Lower Egypt, is about 2210 pounds per gram, compared to its morning price of 2225 pounds, without counting the workmanship, which varies from one caliber to another.
In the following report, the “Al-Mal” website monitors gold prices today in Egypt, Wednesday 8-30-2023
The price of a gram of 24 karat gold (2525 pounds)
Al-Mal learned that the price of a gram of 24 karat gold decreased significantly in the evening in Egypt, to record 2525 pounds, noting that it is the highest-priced carat in Egypt because its quality is higher.
The price of a gram of 21 carat gold (2210 pounds)
While the price of a gram of 21 carat gold today decreased strongly as a result of the drop in ounces of gold in transactions, to reach 2210 pounds; It is the most common caliber in Egypt today.
The price of a gram of 18 carat gold (1894 pounds)
Today, the price of a gram of 18 carat gold witnessed a noticeable decline, to record the lowest price in Egypt, amounting to 1894 pounds in transactions; It is the best-selling caliber in Lower Egypt.
The price of the gold pound today (17240 pounds)
The price of the gold pound fell today in Egypt, losing 120 pounds of its value and recording about 17,680 pounds, while the weight of the pound reaches 8 grams of 21 carat, the most common in Lower Egypt and Upper Egypt.
24 karat gold bullion price
The price of the 24-carat gold alloy has also decreased to about 78,275 pounds, and an ounce weighs about 31 grams of the 24-carat, the highest quality and least formed in Egypt.
The price of a kilo of 24 karat gold
The price of a kilo of 24 karat gold was also affected by the decline in the gram, to fall at levels of about 2.525 million pounds today, and it weighs 1000 grams.
By the end of today’s session, the global price of an ounce of gold jumped during trading, to gain about $20 today, to reach about $1,944.
2023-08-30 20:31:01
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