Gold prices rose, at the beginning of morning trading today, Saturday, August 12, 2023, in goldsmiths’ shops operating in the local market, below the workmanship price, as gold continues to rise today, Saturday, in light of the insane rise in the price of gold since yesterday, Friday, when the gram increased to about 165 pounds.
Gold prices in Egypt August 12, 2023
Gold prices today, dawn is keen on. Providing a service to its readers by publishing gold prices today, Saturday, August 12, 2023 in goldsmiths’ shops, where the price of a gram of 21 karat gold at the beginning of trading today witnessed 2320 pounds, and in the following report we monitor the price of gold today, which came as follows..
Gold prices in Egypt today, Saturday
The price of a gram of 24 karat gold today, Saturday
The price of a gram of 24 karat gold recorded about 2651 pounds
The price of a gram of 21 karat gold today, Saturday
The price of a gram of 21 karat gold recorded about 2320 pounds.
The price of a gram of 18 karat gold today, Saturday
The price of a gram of 18 carat gold was about 1989 pounds
The price of the gold pound in Egypt today, Saturday
The price of the gold pound in Egypt recorded 18,560 pounds
The global gold price today, Saturday
The price of an ounce was recorded globally at 1914 dollars.
The price of gold after the interest rate hike
In its meeting, Thursday, August 3, 2023, the Monetary Policy Committee of the Central Bank of Egypt decided to raise the rates of the overnight deposit and lending return and the price of the main operation of the Central Bank by 100 basis points, to reach 19.25%, 20.25% and 19.75%, respectively. Credit and discount rate by 100 basis points, to reach 19.75%.
gold processing plant 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 caliber, depending on the goldsmith’s shops, from one governorate to another, and from one merchant to another.
It mostly represents a rate ranging between 7% and 10% of the price of a gram of gold, and the higher the percentage is 2320 pounds, and in the existing minerals the less the carat, and the ounce that weighs “31.1 grams” is used as a unit for the weight of jewelry and gold bars.
