Gold prices rose again during trading today, Thursday, 17 March, with a value of 6 pounds per gram, after an increase of 5 pounds at the beginning, to record a total increase of 11 pounds, and the prices of the yellow metal locally and globally are witnessing a state of fluctuation and instability as a result of the impact of the Russian crisis. Ukrainian on the markets.
Where the prices of gold in the local market recorded, during today’s transactions, inside the goldsmiths and jewelry shops, according to the website (Gold Price in Egypt), 21 karat about 892 pounds per gram, and 18 karat about 765 pounds per gram, and 24 karat about 119 pounds per gram, and 14 karat scored about 595 Pounds, 12 carats about 5010 pounds, and gold pounds 7,136 pounds.
While the gold prices, according to what was announced by the Gold Division of the General Federation of Chambers of Commerce, 21 karat about 893 pounds per gram, 18 karat about 765 pounds per gram, and 24 karat about 120 pounds per gram, while the price of an ounce was 1936 dollars.
In addition to the price of a gram in gold and jewelry stores, the price of workmanship, which varies from one merchant to another, and from one governorate to another, according to the size and shape of each gold piece, and the value of the workmanship ranges from approximately 3 to 7% of the gram price.
It is noteworthy that the prices of the yellow metal witnessed during the last period fluctuation and successive price jumps since the Russian invasion of Ukraine, in addition to the global inflation rates, which in turn lead to raising the global demand for the precious metal, which is one of the most important stores of value and the best safe investment pot.
Gold prices continued to rise at the beginning of today’s trading globally by 0.37%, and the price of an ounce reached 1934 dollars, and this was reflected in the prices of gold and jewelry in the Egyptian market, where the price of a gram jumped about 5 pounds at the beginning of today’s trading.
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