Gold prices in Egypt today, Tuesday, October 18, 2022 .. slight decline

Gold prices in Egypt today, Tuesday, October 18, 2022 .. slight decline

The price of a gramme of gold today decreased from 2 to 4 pounds from the price of Monday due to the start of daily transactions in local markets. This is due to the stability of the price of the yellow metal globally as well as the stability of the dollar’s value today in relation to the Egyptian pound in the money market, but also to the decrease in the volume of buying and selling in the local markets.

According to information posted on the Egyptian Gold Stock Exchange, the price of gold fell in Egypt today, Tuesday, despite the yellow metal’s price remaining stable worldwide at 1656 dollars an ounce, which has been the fixed price since Monday.
Tuesday saw a decrease in gold prices in Egypt during regular market activities.
24 karat gold costs 1268 Egyptian pounds per gramme.
The price of a gram of 22 carat gold is 1160 EGP.

A gramme of 21-carat gold is currently worth 1115 Egyptian pounds.
18 karat gold costs 953 Egyptian pounds per gramme currently.
The price of 14 -carat gold is: 740 Egyptian pounds.

While the 22 calibre is less than the 24 calibre in terms of the percentage of pure yellow metal in it, the 21 calibre is the most popular in the Egyptian market, followed by the 18 calibre in price, and gold 14 carat economy, unlike the factory account that is added to the price when buying or selling. Gold specifications also vary according to the bullets and the percentage of gold in them.

While the local markets in Egypt recorded today, Tuesday, the following gold alloy prices:
5 grammes of gold are worth 6750 EGP.
The cost of gold is 13500 EGP for a weight of 10 grammes.
20 grammes of gold are valued at 27400 Egyptian pounds.
Today, on October 2, 2022, in Egypt, the price of gold is as follows:
Today, a gramme of 22 carat used gold costs 930 EGP.
The price of a gram of gold today is 21 carat used: 875 Egyptian pounds.

A gramme of 18 carat used gold currently costs 750 EGP.
The price of gold stabilized globally today in light of the price of the yellow metal in the global stock exchange in light of the calm trading on gold, as the price of gold today came globally, $ 1656 an ounce, which is the fixed price since Monday..

Today, Tuesday, October 18, 2022, gold prices in Egypt are slightly down.

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