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The yellow metal continues to collapse .. a significant drop in gold prices today, Friday 16th September

Yellow gold continues to collapseGlobal gold prices saw a decline during the middle of today’s daily trading day, Friday, Sept. 16, to continue heavy global gold losses this week due to weak demand as the price of an ounce has reached $ 1662, against the backdrop of negative inflation data issued last Tuesday, Sept. 14, indicating a rise in the prices of goods and services in general, as well as growing expectations for a sharp hike in interest rates at the next Federal Reserve meeting .

and provide “the week»For his followers and visitors in the various governorates of Egypt, the service of identifying the purchase and sale prices of gold for the circulated calibers, which are” 24, 21, 18, 14 “, carats, through the following report.

gold price

Gold price today in Egypt (sale)

The price of one gram of 24-karat gold reached around 1272 pounds.

The price of one gram of 21-karat gold was around 1113 pounds.

While the prices of one gram of 18-karat gold amounted to around 954 pounds.

The price of one gram of 14-karat gold was around 742 pounds.

Gold price today in Egypt (buy)

The prices of one gram of 24-karat gold were around 1268.5 pounds.

The price of one gram of 21-karat gold reached around 1110 pounds.

The price of one gram of 18-karat gold was around 951.5 pounds.

As for the price of one gram of 14-karat gold, it amounted to about 740 pounds.

The price of the gold pound in Egypt today

Today the prices of the 21-karat gold pound in goldsmiths’ shops amounted to about 9,785 pounds, and this price does not include workmanship, taxes or stamp duty.

The price of gold with the stamp and the workmanship

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 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 has shrunk. deteriorated and gold has become a safe haven for many, both in Egypt and in the rest of the Arab countries.

Read also:

21 carats at 1113 pounds. Find out the prices of gold today, Friday 16 September 2022

Yellow is falling … the price of gold in Saudi Arabia today, Friday 16 September 2022, at the start of trading

The yellow metal continues to collapse. Find out the gold prices today in Egypt and Arab countries

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