The current period is witnessing fluctuations in gold prices permanently, whether by increase or decrease, and we are currently witnessing a period of fluctuation in gold prices at all levels, which led to a rise in search indicators on a daily basis for gold.
Today, Sunday, May 14, gold in Egypt witnessed a decrease in the price level, and this is what citizens are looking for, with the aim of reaching the best price, comparing it with market prices for gold jewelry, in light of the youth’s desire for marriage and engagement.
The reason for the decline in the price of gold today is that today, Sunday, May 14, there will be a holiday for goldsmiths and goldsmiths, which leads to poor production on that day, but there is slight work inside some goldsmiths’ shops.
Also acknowledge.. The Egyptian Stock Exchange launches the gold price announcement service on the trading screens
Gold prices today
Al-Fajr portal, on its website, reviews gold prices today, Sunday, May 14 in Egypt, and presents all prices for gold in the Egyptian market.
The price of a gram of gold, the most widespread in Egypt, declined by about 45 pounds, coinciding with the weekly goldsmiths’ holiday in Egypt, in light of the presence of some shops that resume work today, Sunday.
The gold prices today were as follows: –
- The price of a gram of 24 karat gold is about 2686 pounds.
- The price of a gram of 21 karat gold is about 2350 pounds.
- The price of a gram of 18 carat gold is about 2014 pounds.
- The price of a gram of 14 carat gold is about 1567 pounds.
- The price of a 21-carat gold pound is about 19,200 pounds.
gold processing plant price
The workmanship gets the tax from the source, in light of the turmoil in gold prices during the last period, and the value of the increase is about 10% of the workmanship value, represented by 60 to 70 piasters per gram, which is not equal to 1% of the price of a gram.
The value of the tax is paid in advance from the factory, fixed for a year upon production, and it is normal for gold prices to rise and fall between periods.
The Egyptian Stock Exchange launches the gold price index for the first time
In a related context, the Egyptian Stock Exchange announced the launch of the gold price index in Egypt today, Sunday, through its electronic screens for the first time in its history.
The stock exchange worked on developing its own trading program, through which gold price indices are announced electronically, coinciding with the presence of investment funds for investors in precious metals.