Today, Tuesday 23 January 2024, the price of gold recorded a new high in Egypt, and 21 carats increased in the manufacturing sector, as well as the gold pound “buy and sell”, to continue to score record numbers in the shops goldsmith, coinciding with the global price of gold in dollars on the stock exchange.
Gold prices this morning, Tuesday 23 January, in Egyptian goldsmiths’ shops
Through the following lines, we publish in this report the latest current gold price, locally and globally, which was as follows:
24 karat price now
The price of a gram of 24-carat gold in Egypt today was £4,182 for sale, compared to £4,148 for purchase.
Price 21 carats now
The price of a gram of 21-carat gold rose today to 3,660 pounds for sale, against 3,630 pounds for purchase, and is the most traded caliber on Egyptian gold markets.
18k price now
The price of a gram of 18-carat gold jumped in Egypt today to 3,137 pounds for sale, compared to 3,111 pounds for purchase.
14K price now
A gram of 14 karat gold is sold in jewelery shops today at 2,440 pounds, compared to 2,420 pounds to purchase.
The price of the gold pound today
The price of the gold pound continues to rise in Egypt, with the pound recording a 21 carat gold weight of 8 grams today, Tuesday 23 January, priced at £29,280 in the sale, versus £29,280 in the event of purchase.
Global price of gold in dollars
The global dollar price of gold recorded a new high on global stock exchanges this morning, with an ounce of gold now selling for $1,990 and buying for $2,000.
The price of gold today, Tuesday, in goldsmith shops
Gold prices by processing in Egyptian goldsmith shops vary from one goldsmith to another, as each dealer determines the processing percentage he charges for the gold jewelry sold, and the processing percentage in Egypt varies between 150 and £200 per gram, depending on the type of gold karat.
Factors influencing the price of gold
Economists have revealed several factors influencing the price of gold locally and globally, including:
1- Supply and demand: The supply and demand for gold directly affects its value.
2- Economic decisions: A country’s economic decisions, such as increasing or decreasing interest rates, affect the value of gold.
3- Global oil prices: The price of gold is closely linked to the price of oil.
2024-01-22 23:37:00
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