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Gold Prices in Egypt Soar to 3,330 Pounds per Gram – Latest Updates and 2024 Forecast

Written by Islam Saeed Sunday, January 7, 2024 07:00 PM We publish gold prices In Egypt, in evening trading today, Sunday, the price of gold recorded 3,330 pounds per gram of 21 karat, which is the best-selling in Egypt, amid continuous changes in gold prices in Egypt.

Gold prices today

24 karat records 3806 pounds.

21 carat costs 3330 pounds.

18 karat weighs 2854 pounds.

14 karat weighs 2220 pounds.

The gold pound is 26,840 pounds.

Gold for the last two years

Over the past two years, gold has proven to be the best investment and the best way to preserve the value of the currency. In 2022, the price of 21-karat gold rose by 852 pounds per gram, an increase of 106.7%. In 2023, gold rose by 1,480 pounds per gram, an increase of 87.5%.

Gold bullion manufacturers

Companies producing gold bullion in Egypt are moving to re-price gold bullion manufacturing for the year 2024, as companies are currently reviewing the increase in bullion production costs, provided that the bullion manufacturing prices for the current year will be announced in the coming days, according to what a source in the Precious Metals Industry Division stated.

Manufacturers of gold bullion vary according to the weight of the bullion. Manufacturers of gold bullion in Egypt increase as the weight of the bullion decreases. Manufacturers of a one-gram gold bullion may reach 75 pounds for consumers, while the manufacturers of a gold bullion weighing one kilo may be only 27 pounds.

As for the new prices for gold bullion manufactures, their statement is as follows: the manufacturing prices of a 1-gram gold bullion reach 75 pounds, the manufacturing prices of a 2.5-gram gold bullion record 67 pounds per gram, the manufacturing price of a 5-gram alloy recording 65 pounds, the manufacturing price of a 10-gram bullion 66 pounds per gram, and the manufacturing price of a 20-gram alloy. It is recorded at 64 pounds per gram, the workmanship of an ounce bar is 31.10, it is recorded at 62 pounds per gram, the workmanship of a 50-gram bar is recorded at 60 pounds per gram, the workmanship of a 100-gram bar is 59 per gram, and the workmanship of a 250-gram bar is recorded at 30.70 pounds.

2024-01-07 17:00:00
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