Gold prices moved higher in Egypt, Egypt in the midst of today’s trading as it rose £6 for 24-karat gold, after witnessing an increase during today’s morning trading, Thursday, December 1, 2022.
The price of gold now in Egypt
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Gold prices are the focus of trading today, Thursday December 1, 2022
– The price of 24-karat gold has registered around 1726 pounds per gram.
– The price of 21-karat gold has registered around 1510 pounds per gram.
– The price of 18-karat gold has registered around 1294 pounds per gram.
– The price of 14-karat gold registered around 1009.5 pounds per gram.
The price of the gold pound today in Egypt recorded 12080 pounds.
– The price of an ounce of gold recorded around 1781 dollars.
gold in Egypt
Gold prices in Egypt vary according to the workmanship, from one goldsmith’s shop to another, and the average price of processing and stamping in goldsmith’s shops ranges from 30 to 65 pounds, depending on the type of gold carat, and in various goldsmith shops and from one governorate to another and from one merchant to another.
It mostly accounts for between 7% and 10% of the price of an ounce of gold. The higher the percentage of minerals present, the lower the carat. The ounce, which weighs 31.1 grams, is used as a unit of weight for jewelry and gold bars.
Gold prices in Arab countries today, Thursday December 1, 2022
Gold prices moved higher in the Arab countries today, December 1, 2022, in light of the increase in gold prices at the start of trading today, Thursday, in the Egyptian markets.
Gold prices today in Saudi Arabia
The price of 24-karat gold in Saudi Arabia is 214.12 riyals per gram, which is $57.10.
– The price of gold in Saudi Arabia is 21 carats, with a value of 187.36 riyals per gram, equivalent to $49.96.
The price of 18-karat gold in Saudi Arabia is 160.59 riyals per gram, equal to $42.82.
Gold prices today in the UAE
The price of 24-karat gold in the UAE is 2105 dirhams per gram, which is $57.33.
The price of 21-karat gold in the UAE is 1842 dirhams per gram, which is $50.17.
The price of 18-karat gold in the UAE is 1579 dirhams per gram, which equals $43.00.
The price of gold in Kuwait
– The price of 24-karat gold in Kuwait today, worth 17,351 dinars, equal to $56,499.
– The price of 21-karat gold today in Kuwait, worth 15,197 dinars, equal to $49,486.
– The price of gold in Kuwait today is 18 carats, worth 13,026 dinars, equal to 42,417 dollars.
The reasons for the increase in global and local gold prices
Gold is witnessing a state of fluctuation between decline and rise, as a result of speculation and international economic conditions, and gold is one of the global commodities that are affected by all international factors for each country separately.
Read also:
Gold prices today in the UAE, December 1, 2022.. Record 24 carats 2105 dirhams per gram
Record 21 carats 187.36 riyals.. Gold prices today in Saudi Arabia, December 1, 2022
Record 18 carats 1,302 dinars.. Gold price today in Kuwait, December 1, 2022
