A lull in demand forces gold prices today in Egypt, Friday 12-5-2023, to continuously decline in the goldsmiths’ market in various governorates, in conjunction with the decline in ounces of gold in the transactions of the International Metals Exchange.
The Jewelry Division revealed that the gram lost about 50 pounds of its value today, to record the lowest price, which appeared on the price of the 21-carat gram, the most common in Upper Egypt and Upper Egypt, to reach about 2430 pounds, compared to its price in the morning, which recorded 2480 pounds without workmanship.
In the following report, the “Al-Mal” website monitors gold prices today in Egypt, Friday 5-12-2023
The price of a gram of 24 carat gold (2778 pounds)
The price of a gram of 24 karat gold today in Egypt decreased significantly, to record 2778 pounds, noting that it is the highest-priced carat in Egypt because its quality is higher.
The price of a gram of 21 carat gold (2430 pounds)
The price of a gram of 21 karat gold today was continuously affected as a result of the drop in ounces of gold today in transactions, to reach 2430 pounds; It is the most common caliber in Egypt today.--
The price of a gram of 18 karat gold (2085 pounds)
Today, the price of a gram of 18 carat gold declined, to record the lowest local price, amounting to 2085 pounds in transactions; It is the best-selling caliber in Lower Egypt.
The price of the gold pound today (19440 pounds)
While the price of the gold pound decreased significantly today in Egypt, to record about 19440 pounds, while the weight of the pound reaches 8 grams of 21 carat, the most common carat in Lower Egypt and Upper Egypt.
24 karat gold bullion price
The price of the 24-carat gold bar decreased to about 86,370 pounds, and an ounce weighs about 31 grams of the 24-carat, the highest quality and least formed in Egypt.
The price of a kilo of 24 karat gold
The price of a kilo of 24 karat gold has decreased to about 2.778 million pounds today, and it weighs 1000 grams.
The global price of an ounce of gold during trading today reached about 2011 dollars, after a new decline in its price by 12 dollars from its value, amid a profit-taking movement in the global markets and an improvement in the dollar levels against the rest of the currencies.