Today, Thursday 7-20-2023, gold prices witnessed a slight increase in evening trading, by 5 pounds per gram, after the rise in international prices, as a result of the decline in the US currency, as one gram of 21 karat recorded a selling price of 2,155 pounds and a purchase of 2,165 pounds.
The “Al-Fajr” portal is interested in publishing detailed information about gold prices continuously in morning and evening transactions, as some citizens who want to buy the yellow metal are interested in price updates to complete purchase and sale operations, to reach the best price for gold jewelry, whether for the purpose of gifting on special occasions, weddings or investment.
Gold prices today
24 karat gold
24 karat, selling 2,463, buying 2,474
22 karat gold
22 caliber, selling 2,258, buying 2,268
21 karat gold price
Caliber 21 Selling 2,155 Buying 2,165
18 karat gold
18 karat, selling 1,847, buying 1,856
14 karat gold
14 karat, selling 1,437, buying 1,443
12 karat gold
Carat 12 selling 1,231 buying 1,237
Gold prices today
An ounce sell 76,595 buy 76,950
Gold pound sell 17,240 buy 17,320
Kilo selling 2,462,857 buying 2,474,286
Gold prices today in Egypt
The gold market in Egypt is witnessing a continuous update throughout the day, especially after the recent declines in the yellow metal, which were driven by President Abdel Fattah El-Sisi’s statements not to float the pound, and the Central Bank’s decision to fix the interest rate, which greatly affected gold prices today in the markets and goldsmiths.
Gold prices today in Egypt are valuable economic information, especially for those planning to get married, as well as for investors. Due to 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 and stamp price
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, in different goldsmith’s shops and from one governorate to another and from one merchant to another.
Mostly, it 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.
