Gold prices in Egypt witnessed the stability of buying and selling prices during early trading today, Wednesday.
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Gold today in Egypt
The price of 21-karat gold, the most popular, was around £ 1,089 for the sale and £ 1,099 for the purchase.
The price of the caliber 24, the highest category, was around £ 1,245 for the sale and £ 1,256 for the purchase.
gold price today
The price of one gram of 18-karat gold, the middle of the gold bullets, reached around 933 pounds for the sale and 942 pounds for the purchase.
And the price of one gram of 14-karat gold, the lowest category, was around £ 726 for sale and £ 733 for purchase.
The price of gold today in Egypt
The price of the pound of gold reached approximately 8,712 pounds for sale and 8,792 pounds for purchase, and one ounce of gold was approximately 38,706 pounds for sale, 39,062 pounds for purchase and one kilo of gold. gold was approximately 1,244,571 pounds for sale and 1,256,000 pounds for purchase. .
Price of gold and stamp processing
The price of gold in Egypt varies according to the processing, from one goldsmith shop to another.The average price of processing and stamping in the goldsmith shops varies between 30 and 65 pounds, depending on the type of gold carat. and in the various goldsmith shops, and from one governorate to another, and from one merchant to another.
It mostly represents a percentage between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the lower the carat, and the ounce that weighs “31.1 grams” it is used as a unit of weight for jewelry and gold alloys.
Gold price today in Egypt
And gold prices in Egypt today are valuable economic information, especially for those who are getting married, as well as for investors, given its link to the global economy, at a time when the economy of many countries is shrinking. it has deteriorated and gold has become a safe haven for many, both in Egypt and in the rest of the Arab countries.
gold exports
The report by the Export Council for Building Materials, Metallurgical Industries and Refractories revealed that Egypt’s exports of gold, jewelry and precious stones during the first four months “January-April” 2022 increased 99% to $ 693 million, compared with to $ 348 million in the same period of 2021.
