The recent period witnessed instability in prices goldHowever, there is good news from specialists who confirm that prices will decrease in the coming period, and that the prices of gold Today, Saturday, December 31, it is witnessing a decrease compared to the past days, and during the coming weeks it will decrease more, and it will be an opportunity to buy gold by those about to get married.
The investment in gold One of the most common things that some citizens resort to is to profit from their money and obtain huge gains in a short period of time, because gold One of the precious metals, which is characterized by a high value all the time, so that governments put in exchange for their foreign exchange reserves an equivalent amount of gold gold.
And because gold will remain the source of strength for any country, as it is a metal that does not change and does not lose its value easily and is involved in many investments, in addition to being involved in the currency industry.the week» For its followers to know everything related to the service, the steps and how to implement it, as part of a continuous service it provides to its visitors in various fields, and you can follow up by pressing Here.
Gold prices in Egypt today, Saturday, December 31, 2022
24 karat gold price
The price of 24 karat gold recorded about 1885 pounds for sale and about 1857 pounds for buying
22 karat gold price
The price of 22 carat gold was about 1728 pounds for sale and about 1702 pounds for buying
21 karat gold price
The price of 21 carat gold was about 1650 pounds for sale and about 1625 pounds for buying.
18 karat gold price
The price of 18 carat gold scored about 1414 pounds for sale and about 1392 pounds for buying.
14 karat gold price
The price of 14 karat gold achieved about 1100 pounds for sale and about 1083 pounds for buying
12 karat gold price
The price of 12 carat gold scored about 942 pounds for sale and about 928 pounds for buying
9 karat gold price
The price of 9 carat gold scored about 707 pounds for sale and about 696 pounds for buying
The price of an ounce of gold today, Saturday, December 31, in Egypt
The price of an ounce of gold recorded about $1824 for sale, and about $1823 for buying.
The price of the gold pound today, Saturday, December 31
The price of the gold pound today reached about 13,200 pounds for sale and about 13,000 pounds for buying
Club Naguib, a member of the Gold Division of the Cairo Chamber of Commerce, revealed, during a telephone interview on the “Al-Hadath Al-Youm” satellite channel, that it is impossible for the gold price to return to 1,000 pounds again.. Pointing out that a drop in its price of 600 pounds at once is impossible.
Naguib stressed that the occurrence of the decline requires a decline in the dollar, in addition to the decline in the global price of gold as well. He pointed out that there are many factors that require gold to drop to 1,000 pounds.
The Gold and Precious Metals Manufacturing Division of the Federation of Egyptian Industries works to provide all support to gold manufacturers to develop the gold artifact industry, and to upgrade their designs in line with global markets after the support provided by the state by removing the valuation fee on gold exports.
Gold price stamp and workmanship
Gold prices in Egypt differ in terms of workmanship, from one goldsmith’s shop to another, and the average price of workmanship and stamping in goldsmith’s shops ranges between 30 and 65 pounds, depending on the type of gold karat, and in different goldsmith’s shops, and from one governorate to another, and from one merchant to another.
It mostly represents between 7% and 10% of the price of a gram of gold, and the higher the percentage of minerals present, the lower the karat. The ounce, which weighs “31.1 grams”, is used as a unit for the weight of jewelry and gold bars.
Gold prices today in Egypt are valuable economic information, especially for those about to get married, 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 the rest of the Arab countries.