price went up gold Globally, during the beginning of trading today, Thursday, December 1, 2022, by about 0.8%, to about $ 1755.5 an ounce, according to Bloomberg agency data, and the yellow metal is affected by high interest rates, as it reached gold to its highest level at $2074.88 an ounce in August 2020, and it is expected that gold will continue to trade at $1735.22 at the end of next December, according to global macroeconomic models and analysts’ expectations, provided that its trading will extend at 1673.93 within the next year 2023
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Gold prices today, Thursday, December 1, in Egypt
24 karat sell 1,691 buy 1,703
22 karat sell 1,550 buy 1,561
Carat 21 Sell 1,480 Buy 1,490
18 karat sell 1,269 buy 1,277
14 karat, selling 987, buying 993
12 karat, selling 846, buying 851
An ounce sell 52, 603 buy 52, 959
Gold Pound Sell 11,840 Buy 11,920
Kilo Sell 1, 691, 429 Buy 1, 702, 857
Gold price stamp and workmanship
Gold prices in Egypt vary according to 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 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.
Gold division tips for buying
Invoice When buying a gold pound: you must obtain from the seller a tax invoice containing the following:
– Commercial Registration No.
Tax card number.
The invoice contains a serial number.
– The invoice is “carbonated” original and back.