Yellow gold continues to collapseGlobal gold prices witnessed a decline during the mid-day of daily trading today, Friday, September 16, to continue heavy global gold losses this week due to weak demand, as the price of an ounce reached $ 1662, against the background of negative inflation data issued last Tuesday, September 14, which Indicates a rise in the prices of goods and services in general, as well as increasing expectations for a strong interest rate hike at the next meeting of the Federal Reserve.
and provide «the week» For its followers and visitors in various governorates of Egypt, the service of identifying the prices of gold buying and selling for the circulated calibers, which are “24, 21, 18, 14” carats, through the following report.
Gold price today in Egypt (sale)
The price of a gram of 24 karat gold reached about 1272 pounds.
The price of a gram of 21 karat gold was about 1113 pounds.
While the prices of a gram of 18 carat gold amounted to about 954 pounds.
The price of a gram of 14 karat gold was about 742 pounds.
Gold price today in Egypt (buy)
The prices of a gram of 24 karat gold recorded about 1268.5 pounds.
The price of a gram of 21 karat gold reached about 1110 pounds.
The price of a gram of 18 karat gold was about 951.5 pounds.
As for the price of a gram of 14 karat gold, it amounted to about 740 pounds.
The price of the gold pound today in Egypt
Today, the prices of the 21 carat gold pound in the goldsmiths’ shops amounted to about 9785 pounds, and this price does not include workmanship, tax or stamp.
The price of gold with 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 the 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.
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21 karat at 1113 pounds.. Learn about gold prices today, Friday, September 16, 2022