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Gold prices fell in overnight transactions, today Wednesday, to a value of 5 pounds, after the fall in the price of an ounce of gold from 1882 dollars to 1860 dollars so far, which is reflected in the price of gold in Egypt , to go back from 822 pounds per gram to 817 pounds per gram.
Gold prices after their fall.
18 gauge registered 700 pounds
21 gauge recorded 817 pounds
24 gauge recorded 933.75 pounds
The pound of gold is 6536 pounds
One ounce of gold is $ 1860
There are 5 caveats and risks when buying gold artifacts over the Internet, the first of which is that the gold may be fraudulent, or Chinese gold, or of unknown origin, the second problem is the invoice, so the invoice gold sales must have a clear seal, and here the electronic invoice is not valid, and the third of this The problem is that you buy gold and it is possible that it will be stolen, and here you can be exposed to legal action.
The price of gold fell Monday night in Egypt by 40 pounds per gram, after gold fell from 852 to 813 pounds, before the market rose again by 7 pounds on Tuesday morning and then rose two. pounds last night, and enters a new phase of decline today, Wednesday, at a value of 5 pounds a day. Night treatments.
The 21 karat continues to be the leader in terms of sales, and the governorates of Upper Egypt are at the forefront in terms of purchase, due to the buying habits of the network with large weights, and the purchase of 18 karat gold is spread in governorates that witness an influx of tourists, and tourist governorates in general.
Recently, the gold market witnessed the introduction of light weight forms of gold, such as one and a half grams to 2 grams. The gold market has moved significantly now and Greater Cairo has witnessed a decrease in demand for gold compared to the rest of the governorates.