Gold prices declined in goldsmiths’ shops in Egypt, today, Monday, August 8, and the decline was slight; Where it reached about 2 pounds in the buying and selling price, compared to its prices yesterday.
This comes after the prices of the yellow metal witnessed successive increases during the past days, the last of which reached 7 pounds yesterday, affected by global tensions and a rise in dollar price American.
We will show you the following, the prices of gold carats in Egypt today, Monday 8-8-2022 AD, in the goldsmiths’ shops without workmanship:
24 . caliber
The price of a gram of 24 karat gold in Egypt today, Monday, was about 1,221 pounds for sale, and 1,232 pounds for purchase.
22 . caliber
The price of a gram of 22 karat gold in Egypt today, Monday, was about 1,119 pounds for sale, and 1,129 pounds for purchase.
21 . caliber
The price of a gram of 21 karat gold in Egypt today, Monday, was about 1,068 pounds for sale, and 1,078 pounds for purchase.
18 . caliber
The price of a gram of 18 karat gold in Egypt today, Monday, was about 915 pounds for sale, and 924 pounds for purchase.
14 caliber
The price of a gram of 14 karat gold in Egypt today, Monday, was about 712 pounds for sale, and 719 pounds for purchase.
12 . caliber
The price of a gram of 12 karat gold in Egypt today, Monday, was about 610 pounds for sale, and 616 pounds for purchase.
gold pound
The price of the gold pound in Egypt today, Monday, recorded about 8,544 pounds for sale, and 8,624 pounds for purchase.
ounce price
The price of an ounce of gold in Egypt today, Monday, recorded about 37,960 pounds for sale, and 38,315 pounds for purchase.
The price of a kilo of gold
The price of a kilo of gold in Egypt today, Monday, recorded about 1,220,571 pounds for sale, and 1,232,000 pounds for purchase.
In a previous statement to the Advisor to the Minister of Supply for Gold Industry Affairs, Dr. Naji Farag, he said that gold prices witnessed a global rise of more than 70 dollars, and reached 1775 dollars on the global stock exchange, compared to 1705 dollars previously.
Faraj pointed out that at the beginning of the Russian war on Ukraine, gold prices rose on the global stock exchange by about $200 in just 48 hours, noting that this rise was reflected in the local market.
He explained that the noticeable rise in gold prices during the past days is due to the Chinese-American tension due to the visit of Nancy Pelosi, Speaker of the US House of Representatives, to Taiwan, explaining that this tension is reflected on global stock exchanges, so everyone, as governments and individuals, resort to gold as a safe haven, and thus its price rises.