Gold price increased during evening trading today, Thursday 3 November 2022

Gold price increased during evening trading today, Thursday 3 November 2022

All gold prices surged during nighttime transactions on November 3 due to the liberalisation of the exchange rate. The price of 21-carat gold jumped by 3 pounds, the price of 24-carat gold by 4 pounds, and the price of 18-carat gold grew by 3 pounds.

The cost of a gramme of 24 karat gold was around 1360 pounds; a gramme of 21 karat gold was listed at 1190 pounds; a gramme of 18 karat gold was traded for 1020 pounds; and a gramme of 14 karat gold cost 793 pounds.

The price of a pound of gold today increased by 21 carats to a value of 24 pounds after falling by 104 pounds before noon to record 9520 pounds, and the price of a pound of 24 carat gold today in the jewellery market is 10880 pounds. These prices reflect the value of raw gold alone and do not include any manufacturing, tax, or stamp costs.

Skin weights vary at goldsmiths’ shops and range from one gramme to one kilogramme. This weight rises when alloys are used in the nation’s reserves, where it is recorded at 400 “ounces,” or 12.4 kilogrammes per piece.
A weight of 2. 5 grammes equals around 3400 pounds in terms of the price of gold.
A weight of 5 grammes of gold costs approximately 6800 pounds.
Ounce (31.1) grammes traded for around 42296 pounds on the open market.

The cost of a gramme of 24 karat gold was around 1354 pounds, a gramme of 21 karat gold was exchanged at 1185 pounds, a gramme of 18 karat gold cost approximately 1015 pounds, and a gramme of 14 karat gold cost approximately 790 pounds.

The Monetary Policy Committee in an exceptional meeting decided to raise the price of the return on deposit and lending by 200 basis points, the price of the main operation of the Central Bank is 200 basis points, and the price of credit and discount is 200 basis points to 13. 75%..

Today, Thursday, November 3, 2022, during evening trading, gold prices climbed.

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Egypt