“Gold Prices Today: Significant Drop in 21-Carat Gram and Pound – Live Price Update”

witnessed Gold prices today 26-5-2023 A new strong tremor, as the price of a 21-carat gram declined strongly for the first time, while the price of an 18-carat gram fell from 2,000 pounds, after it reached about 2,500 pounds earlier.

Price per gram of gold now

And it fell The price of a gram of 21 karat gold To levels of about 2310 pounds, as the lowest price today, after it recorded about 2800 pounds a few days ago, a difference of about 500 pounds once, which is the largest decline since the wave of historical rise that hit the yellow metal in Egypt.

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4 thousand pounds

Record the price of the pound gold 24-carat, a strong decline, as it recorded today 18,480 pounds as the lowest price, after it reached 22,400 pounds, a decline of about 4 thousand pounds.

The decision of the government and the central bank

The biggest factor in the strong decline in the price of gold was the government’s decision to exempt gold imports, accompanied by those coming from abroad, from customs tax and other fees, except for value-added tax, for a period of six months.

This comes at a time when the Central Bank of Egypt decided last Thursday, represented by the Monetary Policy Committee of the Central Bank of Egypt in its meeting, to maintain the rates of the return on deposit and lending for one night and the rate of the main operation of the Central Bank at the level of 18.25%, 19.25% and 18.75%, respectively. The credit and discount rate was kept at 18.75%.

The price of gold is now 21 karat

The prices of gold workmanship are of concern to those who wish to buy, especially the various artifacts, as a result of the high prices of its workmanship compared to bullion, which is usually bought for the purpose of investing in it.

And when calculating the price of workmanship on a gram of gold, a rate of between 5% of the price of a gram is added, and it may reach 10% according to the nature of the artifacts and the way they are decorated, and in some gold shops the price of workmanship is between 100 and 150 pounds.

As for the price of the workmanship of the ingot, it starts from 30 pounds and above, according to the producing companies, and the greater the weight of the ingot, the higher its workmanship.

Live gold prices

Sada El-Balad website presents gold prices directly in this report at the level of all calibers, including 21 and 18 carats:

The price of a gram of 24 karat gold

• The price of 24 karat today, Friday: 2,663 pounds.

The price of a gram of 21 karat gold

• The price of a gram of 21 karat was recorded today, Friday. 2,330 pounds to buy.

The price of a gram of 18 karat gold

• Today, Friday, the price of a gram of 18 karat was recorded: 1,997 pounds.

The price of a gram of 14 karat gold

• The price per gram was recorded today, Friday, 14 karat: 1,553 pounds.

The price of the gold pound

• The price of the pound today, Friday, was 24 karat for sale: 18,480 pounds.

The price of an ounce is 24 karat

• The price of an ounce today, Friday, was 24 carat: $ 1,941, after 2056 days ago.