to retreat aGold prices today FIn Egypt, during the beginning of trading today, Saturday, May 13, 2023, after the government decision to exempt gold imports from customs and other fees for a period of 6 months, as 21 carat gold recorded about 2430 pounds per gram during today’s dealings in the Egyptian goldsmiths market.
Gold prices today, Saturday, May 13, 2023, in Egypt
Al-Fajr Gate publishes details of gold prices in Egypt in the goldsmiths’ market today, Saturday, May 13, 2023, and its global price, within the framework of the site’s service to its followers, a continuous update, moment by moment.
gold in Egypt
Gold prices today, Saturday 13 May 2023, after customs exemption for gold in Egypt
After customs exemption for gold in Egypt.. record gold karat 24 today
2777 pounds
After customs exemption for 22 karat gold in Egypt.. record 22 karat today
2545 pounds
After customs exemption for 21 karat gold in Egypt.. record gold karat 21 today
2430 pounds
After customs exemption for 18 karat gold in Egypt.. record 18 karat today
2082 pounds
After customs exemption for 14 karat gold in Egypt.. record 14 karat today
1620 pounds
After customs exemption for 12 karat gold in Egypt.. 12 karat was registered
1388 pounds
The price of a kilo of 24 karat gold. Gold prices in Egypt
2,834,000 pounds and weighs 1,000 grams.
The price of a gold pound in Egypt
As it recorded an amount of 19,440 pounds for sale, and 19,200 pounds for purchase.
What is the secret of the real decline in the price of gold in Egypt?
The Egyptian government decided to exempt gold imports from customs tax and other fees for a period of 6 months, in addition to the 14% value-added tax, in light of the keenness to achieve a balance between supply and demand in the gold market.
This decline comes amid expectations that the decision will contribute to increasing the supply of bullion and gold coins in the market, which would reduce the sharpness of price hikes. Also, the price of gold bullion coming from abroad will be cheaper when selling compared to the price of the Egyptian bullion since the Egyptian bullion was It bears more fees and expenses, which gives the gold field an opportunity to calm prices when reselling bullion coming from abroad.
Average gold prices in yesterday’s trading for Friday, May 12, 2023
- A gram of 24 karat, at a price of 2811 pounds for sale and 2777 for purchase
- A gram of 22 karat, at a price of 2577 pounds for sale and 2545 for purchase
- A gram of 21 karat, at a price of 2460 pounds for sale and 2430 for purchase
- 18 karat gram, at a price of 2108 pounds for sale and 2082 for purchase
- 14 karat gram, at a price of 1640 pounds for sale and 1620 for purchase
- A gram of 12 karat, at a price of 1405 pounds for sale and 1388 for purchase
- A gram of 9 karat, at a price of 1054 pounds for sale and 1041 for purchase
- Gold pounds at 19,680 pounds for sale and 19,440 for purchase
- An ounce at a price of 2012 dollars
