Gold continues to collapse.. the price of gold today, Friday, August 12, with the beginning of trading

dropped gold price In the local markets, with the beginning of trading today, Friday, August 12, and it varies gold prices With workmanship, it varies from one goldsmiths shop to another, and the average price and stamp in the goldsmiths’ shops ranges between 30 and 65 pounds, depending on the type of gold carat.

The gold price today in Egypt

The average price of gold today, Wednesday, in the market without workmanship, according to the latest update, is as follows:

14 karat gold prices stabilized at 697.3 pounds per gram.

And the price of 18 karat gold was about 894 pounds per gram.

The price of 21 karat gold settled at 1043 pounds per gram.

The price of 24 carat gold was about 1192 pounds per gram.

The price of the gold pound settled at 8344 pounds, without workmanship, stamp or tax.

Global gold prices

And globally, decline gold price The spot rose 0.4% to $1,784.74 an ounce, further off the one-month high hit in the previous session.

gold specification

Gold varies on several karat, categorized according to the percentage of gold in each kilo, the most expensive of which is 24 karat, as it has the highest gold content of 99%.

The price of gold in the stamp and workmanship

and difference gold prices In Egypt, with workmanship, it varies 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 merchant 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 an 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.

Gold prices fell today, Thursday, August 11, 2022

21 karat at 1055 pounds .. the price of gold in Egypt today, Thursday, August 11

The collapse of gold prices today, Thursday, August 11, 2022… and 21 karat records 1057 pounds

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