Know how much the price of gold is in Egypt for sale and purchase and in the local markets, according to the latest developments.
Gold prices today
- One gram of 21 karat gold ranges between 807 and 810 pounds
- One gram of 14 carat gold ranges between 538 and 540 pounds.
- A gram of 18 carat gold recorded between 691 and 694 pounds.
- The price of a gram of 22 carat gold ranges between 845 and 848 pounds
- While the price of a gram of 24 karat gold ranges between 922 and 925 pounds.
Gold prices are affected by several factors, which are the following:
- One of the factors that affect the price of gold is the price on international stock exchanges, which is immediately reflected in the price of local gold and shops.
- Also, oil prices have a close relationship with the prices of precious metals and affect their price movement.
- It is affected by the exchange rate of the pound against the dollar, which contributes, among other factors, to the transmission of prices, and whenever an improvement is observed, the prices of precious metals will witness improvement and stability.
- Also, the buying and selling operations, the higher the demand for the metal, the more that leads to its price movement in the various markets, and vice versa.
- Finally, peace and war situations, international conditions and trade wars, which would also boost gold prices.
–
