The price of gold witnessed today, Monday, August 14, 2023, in goldsmith shops operating in the local market without the price of workmanship at the last price, as the price of gold increased during the past two days and the price of a gram increased about 165 per haraam, and in the following report we monitor the price of gold today in goldsmith shops.
The price of gold today, Monday, in goldsmiths’ shops
The price of gold today, Monday, August 14, 2023, Al-Fajr newspaper is keen to provide a service to its readers by publishing the price of gold today, Monday, August 14, in goldsmiths’ stores, as the global price of gold rose at the end of last week, and gold prices occupy the interest of those who want to buy or sell, as well as those who are about to get married. Gold prices in Egypt today, Monday, are as follows:
The price of a gram of 24 karat gold
The price of a gram of 24 carat gold was about 2657 pounds.
The price of a gram of 21 karat gold
The price of a gram of 21 carat gold was about 2380 pounds.
The price of a gram of 18 karat gold
The price of a gram of 18 carat gold was about 1992.5 pounds.
The price of a gold pound in Egypt
The price of the gold pound in Egypt recorded 19040 pounds.
The global price of gold
The global price of an ounce was $1912.
The price of gold after the interest rate hike
The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting, on Thursday, August 3, 2023, to raise the rates of the overnight deposit and lending return and the price of the main operation of the Central Bank by 100 basis points, to reach 19.25%, 20.25%, and 19.75%, respectively. Credit and discount rate by 100 basis points, to reach 19.75%.
gold processing plant price
Gold prices in Egypt vary according to workmanship, from one goldsmith’s shop to another, and the average price of workmanship and stamping in goldsmith’s shops ranges between 30 and 65 pounds, depending on the type of gold caliber, depending on the goldsmith’s shops, from one governorate to another, and from one merchant to another.
It mostly represents a rate ranging between 7% and 10% of the price of a gram of gold, and the higher the ratio is 2320 pounds, and in the existing minerals the less the carat, and the ounce that weighs “31.1 grams” is used as a unit for the weight of jewelry and gold bars.