Has risen The price of gold in Egypt Today, Sunday, August 7, 2022, in the morning trading, affected by the weekend on Saturday and Sunday for the International Gold Exchange, where the price of 21 karat rose about 2 pounds per gram, and 24 karat rose about 2.5 pounds per gram, and 18 karat rose about 1.5 pounds per gram.
Gold prices in Egypt vary according to different regions and calibers, where the value of workmanship (the merchant’s wages for each gram in gold works) ranges between 30 and 60 pounds in the goldsmiths’ areas, while it rises for some traders to range between 120 and 150 pounds, and the value of workmanship on the gold pound is estimated at about 60 pounds.
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Gold price in Egypt today
The price of 24 caliber is about 1,223 pounds for sale and 1,234 pounds for purchase. This type is considered the most prevalent in the Gulf countries.
The price of 21 karat gold is about 1,070 pounds for sale and 1,080 pounds for purchase, and this type is considered the most prevalent in Egypt, especially the Cairo and Alexandria governorates.
The price of a gram of 18 karat gold is about 917 pounds for sale and 926 pounds for purchase, and this type is considered the most prevalent in Upper Egypt.
The price of a gram of 14 karat gold is about 713 pounds for sale and 720 pounds for purchase.
gold pound price
The price of the gold pound (8 grams for 21 carat) recorded an increase, reaching 8536 pounds.
gold ounce price
The price of an ounce of gold is about 38,031 pounds for sale, and 38,386 pounds for purchase.
The price of a kilo of gold
The price of a kilo of gold is about 1,222, 857 pounds for sale, and 1, 234, 286 pounds for purchase.
global gold prices
The reason for the rise of gold and then its decline, the rise in global gold prices for a group of variables that the US economy witnessed, as US Treasury bond yields fell from their highest levels this week, and the dollar also fell ahead of the US jobs report for the month of July with the escalation of the inflation wave in global markets and the effects of Western economic sanctions on the economy The Russian economy, which pushed the markets into a state of confusion, and then the US agricultural jobs report came positive, which caused gold to fall.
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