the price has gone up gold Globally, during the start of trading today, Thursday, December 1, 2022, by about 0.8%, to about $1755.5 an ounce, according to data from the Bloomberg agency, and the yellow metal is affected by high interest rates, since it has reached gold to its highest level at $2074.88 an ounce in August 2020, and gold is expected to continue trading at $1735.22 at the end of next December, according to global macroeconomic models and analysts’ expectations, provided that its exchange extends to 1673.93 by next year 2023
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Gold prices today, Thursday December 1, in Egypt
24 carats sell 1,691 buy 1,703
22 carats sell 1,550 buy 1,561
21 Carats Sell 1,480 Buy 1,490
18 carats sell 1,269 buy 1,277
14 carats, sell 987, buy 993
12 carats, sell 846, buy 851
An ounce sells 52,603 buys 52,959
Gold Sovereign Sell 11,840 Buy 11,920
Kilo Sell 1, 691, 429 Buy 1, 702, 857
Stamp price and workmanship in gold
Gold prices in Egypt differ in terms of workmanship, from one goldsmith shop to another, and the average price of machining and stamping in goldsmith shops varies between £30 and £65, depending on the carat type of gold , and in the various goldsmith shops, and from one governorate to another and from one merchant to another.
It mostly accounts for between 7% and 10% of the price of an ounce of gold, and the higher the percentage of minerals present, the smaller the carat. The ounce, which weighs “31.1 grams”, is used as a unit for the weight of jewelry and gold bars.
Gold prices in Egypt today are invaluable economic information, especially for married couples, as well as investors, given its ties to the global economy, at a time when many countries’ economies have deteriorated and gold has become a safe haven for many, both in Egypt and in the rest of the Arab countries.
Gold Division Buying Tips
Invoice When purchasing a Gold Sovereign: You must obtain a tax invoice from the seller containing the following:
– Commercial registration n.
Tax card number.
The invoice contains a serial number.
– The invoice is original and “carbonated” on the back.
