Despite the continuous decline globally in the trading of the International Metal Exchange, gold prices rose today in Egypt, Friday, October 21, at the beginning of trading, again slightly, as a result of the fluctuation of supply and demand for the yellow metal locally throughout the week.
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The gold price today in Egypt
The average price of gold today in the market without workmanship, according to the latest update, is as follows:
24 karat gold price
24 karat sell 1, 266 buy 1, 269
22 karat gold price
22 caliber sell 1, 161 buy 1, 163
21 karat gold price
21 caliber sell 1, 108 buy 1, 110
18 karat gold price
18 caliber sell 950 buy 951
14 karat gold price
14 karat sell 739 buy 740
12 karat gold price
caliber 12 sell 633 buy 634
Gold price per ounce
Sell 39, 381 ounce buy 39, 453
gold pound price
Gold pound sell 8, 864 buy 8, 880
The price of a kilo of gold
Sell 1, 266, 286 buy 1, 268, 571
The price of gold in the stamp and workmanship
The price of gold in Egypt varies according to workmanship, from one goldsmiths shop to another. The average price of workmanship and stamping in goldsmiths’ shops ranges between 30 and 65 pounds, depending on the type of gold carat, and in different goldsmiths’ shops, and from one governorate to another, and from one trader to another.
It mostly represents a percentage ranging between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the less the carat, and an ounce that weighs “31.1 grams” is used as a unit of weight for jewelry and gold alloys.
Gold prices today in Egypt are valuable economic information, especially for those who are about to marry, as well as investors, given its connection to the global economy, at a time when the economy of many countries has deteriorated, and gold has become a safe haven for many, whether in Egypt or in the rest of the Arab countries.
Gold Division tips to buy
Invoice when buying the gold pound: You must obtain from the seller a tax invoice containing the following:
Commercial Registration No.
Tax card number.
The invoice has a serial number.
The invoice is original and appeared “carbonated”.