The gold pound broke all records and reached its highest level in history, and the 21-karat gold pound came close to the 13,900-pound record with machining and stamping, with the price of gold in increase, as 21 carat has reached about 1,700 pounds per gram, in the latest updates of the Egyptian gold market.
The week allows its visitors to Egypt the price of the gold pound today, Sunday, as well as the prices of the most traded karat gold in Egypt, in its latest update, as part of an ongoing service we provide.
Gold price December 4, 2022
24 karat gold price
The price of 24-karat gold rose today, Sunday 4 December 2022, to reach £1934 per gram.
21 carat gold price
And the price of 21-karat gold rose today, Sunday 4 December 2022, to reach £1,700 per gram.
18K Gold Price
Today, Sunday 4th December, the price of 18-karat gold reached 1457 pounds per gram.
The price of a pound of gold today, Sunday:
As for the price of the gold pound, it climbed today, Sunday, to an all-time high to £13,880, with stamping and working, and the price varies from one goldsmith’s shop to another.
Stamp price and workmanship in gold
It is worth noting that the price of gold varies in processing in Egypt, from one goldsmith shop to another, as the average price of processing and stamping in goldsmith shops varies between 30 and 65 pounds depending on the type of carat of gold, and according to different 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, and the higher the percentage of minerals present, the smaller the carat, and the ounce, which weighs “31.1 grams”, is used as a unit of weight measurement for jewelry and gold bars.
Gold prices in Egypt today are considered valuable economic information, especially for those who are getting married, as well as investors, given its connection with the global economy, at a time when the economy of many countries has deteriorated and gold has become a safe haven for many, both in Egypt and in the rest of the Arab countries.
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