The price of a gramme of gold today decreased from 4 to 6 pounds from the price of yesterday, Tuesday, as a result of the decline in the price of the yellow metal globally due to the weak circulation of gold on the global stock exchange, as well as the decrease in buying and selling activity in the local markets, on Wednesday, October 19, 2022.
According to information posted on the Egyptian Gold Stock Exchange, the price of the yellow metal decreased today, Wednesday, in Egypt. The global price of gold rose to 1936 dollars an ounce today from 1656 dollars an ounce yesterday.
Wednesday saw a decrease in gold prices in Egypt during regular business in the local markets.
24 karat gold costs 1264 Egyptian pounds per gramme.
A gramme of 22-karat gold costs 1155 Egyptian pounds.
A gramme of 21-carat gold now costs 1108 Egyptian pounds.
18 karat gold now costs 950 EGP per gramme.
Gold that is 14 karats thick costs 736 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.
Although today, Wednesday, the local markets in Egypt recorded the prices of gold alloys, the following:
5 grammes of gold are worth 6650 EGP.
A gramme of gold costs 13300 Egyptian pounds.
The price of gold is a weight of 20 grams: 27,000 Egyptian pounds..
Today, Wednesday, October 19, 2022, there is a new decrease in gold prices in Egypt.
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