Gold prices today, down Today’s gold price is 18 karat At a value of 4 pounds, in Price per gram of goldAnd at the global level, the price of gold today in dollars also recorded a decrease, as it was affected World gold prices With the movements of dollar prices and its indices, as well as stocks and interest rates, because whenever dollar prices and interest tend to rise, it decreases. gold price And vice versa, because there is an inverse relationship between them, as gold rises with crises, low interest rates and stock gains.
A new surprise in gold prices today, “I got married.” The reason is the dollar
Gold prices were a surprise to goldsmiths’ customers and those interested in buying gold during this period. Different Gold price in Egypt workmanship, from one goldsmith shop to another, and the average price of workmanship and stamping in goldsmith shops ranges between 30 and 65 pounds, depending on the type gold karatAnd according to the different goldsmiths’ shops, from one governorate to another, and from one merchant to another.
Gold prices today in Egypt
The gold prices today in Egypt came as follows:
- Gold prices today, the gold price of 24 karat, reached 2472 pounds per gram.
- The price of gold today, the gold price of 21 karat, has reached 2163 pounds per gram.
- Gold prices today, the 18 karat gold price, reached 1854 pounds per gram.
- Today’s gold price, 14 karat gold, has reached 1442 pounds per gram.
- Gold prices today, the gold price of 10 karat, reached 1030 pounds per gram.
- The price of an ounce of gold reached 76,879 pounds.
- Prices of the gold pound, its price reached 17304 pounds.
Increase the workmanship of a gram of gold
The General Division of Gold and Jewelry of the General Federation of Chambers of Commerce announced an increase in the workmanship value of gold artifacts by 10%, starting from next month, according to what is to be implemented based on the tax accounting protocol signed between the division and the Egyptian Tax Authority, and 24-carat bars weighing 100 grams or less will be considered gold artifacts starting from next month, based on the decision of Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, issued No. 94 of 2023.
Also read.. “The right to get married.” Gold prices today are declining strongly
The reasons for the decline in the price of gold globally and locally
Gold futures fell by 0.4% to $1972 an ounce, while spot contracts fell by 0.34% to $1970 an ounce. On the other hand, the dollar index rose by 0.5% to 100,475 points, which is one of the reasons for the decline in the value of gold.
Global gold prices are affected by the movements of dollar prices and its indices, as well as stocks and interest rates, because whenever dollar and interest rates tend to rise, the price of gold decreases and vice versa, because there is an inverse relationship between them, as gold rises with crises, low interest rates and stock gains.
