Gold prices in Egypt witnessed a noticeable increase during the beginning of morning trading on Saturday, December 2, 2023, as the price of 21 karat gold increased significantly. The price of a gram of 21 karat gold today reached about 2770 pounds for sale, while it recorded 2750 pounds for purchase, in addition to the increase in all karats of gold after the case of… The stability recorded by goldsmith shops yesterday, and the increase was not limited to 21 karat only, but the price of 24 karat gold rose to reach about 3165.75 pounds for sale and 3142.75 pounds for purchase. Here are the gold prices in detail.
Gold price in Egypt today
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The price of gold in Egypt today witnessed a clear rise, as the price of 21 karat gold reached 2,825 pounds for sale and 2,800 pounds for purchase. After this rise, gold prices came as follows:
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Gold prices witnessed a clear rise today in Egypt at the beginning of morning trading. The price of 14 karat gold reached 1883.25 pounds for sale and recorded 1866.75 pounds for purchase, while the price of 12 karat today reached about 1614.25 pounds for sale and recorded about 1600 pounds for purchase.
This sharp rise caused the price of the gold pound to reach 22,600 pounds for sale and 22,400 pounds for purchase.
The price of gold by workmanship in Egypt
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The price of gold in Egypt changes according to the workmanship and the store from which it is purchased. The average price of workmanship and stamp duty in goldsmiths’ shops ranges between 30 and 65 Egyptian pounds, and varies according to the type of karat of gold, the location of the shop, and the seller. The percentage that is calculated usually amounts to From 7%-10% of the price of a gram of gold and increases the lower the gold karat.
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What is the weight of an ounce of gold?
Today, the weight of an ounce of gold in Egypt is about 29.75 grams.
How many grams is the smallest gold alloy?
The smallest gold bar weighs only 1 gram.
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2023-12-02 16:20:00
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