Relationships and community
A state of joy dominated the women with the state’s decision to exempt gold imports from customs and fees, as many of them decided to return again to buy gold coins and bullion from outside the country according to what was available to them, to take advantage of the price difference, and perhaps to invest in it by selling it from inside Egypt.
What is the best type of imported gold that you don’t lose when selling in Egypt?
Many women ask about the best types of imported gold that can benefit from the price difference when buying and selling it inside Egypt, in terms of its price and the price of its workmanship, which drives many of them to search for the best type of imported gold that does not cause loss when selling.
--What is the best type of imported gold that you don’t lose when selling in Egypt?
Nadi Naguib, secretary of the Gold Division at the Cairo Chamber of Commerce, said that imported gold does not differ from one country to another except in terms of the materials and elements added to it such as iron, copper or mercury. The lower the percentage, the higher the quality of the gold, and the better the type.
Regarding the price difference and the possibility of loss when selling, the secretary of the gold division at the Cairo Chamber of Commerce explained that the sale cannot be lost as long as there is an invoice: “As long as there is an invoice and a stamp, you can sell in Egypt and not lose, and it will sell at the Egyptian price if it is higher, then it is the earner.”
Benefits of exempting gold imports with those coming from abroad
It is worth noting that there are many benefits about the decision to exempt gold imports with those coming from abroad from customs and fees, according to what Dr. Nagy Faraj, advisor to the Minister of Supply for Gold Industry Affairs, explained to Al-Watan, stressing that the matter is due to resolving the dollar crisis and stabilizing gold prices in the market. Egyptian.
