Today’s gold prices in Egypt, 21 karat, according to the factory, now, Tuesday, May 21, 2024, an increase in the price of a gram

This morning, Tuesday, May 21, 2024, gold recorded a new high in Egyptian goldsmiths’ shops, as the prices of a gram of 21-karat gold and a pound of gold witnessed a noticeable increase in conjunction with fluctuations in the price of the dollar in Egyptian banks. This rise comes in light of the increase in gold prices globally in the latest stock market trading.

Today, gold prices in Egypt witnessed a noticeable increase, reaching… Price of a gram of 21 carat gold To new levels. Many are wondering about the reasons for this rise and its impact on the local market, especially with the addition of manufacturing, which raises the cost of the final purchase.

In this report, we take a look at the latest prices and changes that have occurred in the gold market in Egypt, and review the factors influencing price determination, in addition to experts’ expectations for the gold market in the coming days.

Gold prices today in Egypt

We present to you the current gold prices locally in Egypt for buying and selling as follows:

• Price of a gram of 24 karat gold: 3640 pounds for sale, and3622.75 Pounds to buy.
• Price of a gram of 21 carat gold: 3185 pounds for sale, and3170 Pounds to buy.
• Price of a gram of 18 karat gold: 2730 pounds for sale, and2717.25 Pounds to buy.
• Price of a gram of 14 karat gold: 2123.25 pounds for sale, and2113.25 Pounds to buy.
• Gold pound price: 25480 pounds for sale, and25360 Pounds to buy.
• The price of an ounce of gold on the stock exchange: 2428 $ for sale and2427 $ to purchase.

Gold price forecast in the coming days

Economists expect gold prices to continue to rise in goldsmiths’ shops during the coming period, given the continued rise in global prices. Experts confirmed that political unrest in some countries leads to an increase in demand for gold as it is considered a safe investment.

21 carat gold prices

The workmanship of gold is the amount of money that the owner of the goldsmith’s shop adds to the official price of a gram of gold. The value of the workmanship varies from one store to another, from one region to another, and according to the manufacturing company. In Egyptian goldsmiths’ shops, it ranges between 150 and 200 pounds per gram.