Gold Prices in Egypt Remain Stable on Sunday Morning Trading
Gold prices in Egypt recorded relative stability on Sunday morning trading in local jewelry markets, following mixed movements seen last week, as investors and consumers continue to closely monitor prices across all karats and the gold pound.
According to market data, gold prices today in Egypt (selling and buying) are as follows:
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14-karat gold: EGP 4,027 for selling | EGP 4,010 for buying
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18-karat gold: EGP 5,177 for selling | EGP 5,156 for buying
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21-karat gold: EGP 6,040 for selling | EGP 6,015 for buying
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24-karat gold: EGP 6,903 for selling | EGP 6,874 for buying
The relative price stability comes amid ongoing anticipation of global gold movements and currency fluctuations, which continue to influence the local market.
What You Need to Know About Gold Making Charges in Egypt
Gold making charges, known locally as “manufacturing costs,” represent the additional fees added by jewelers to the base price of pure gold. These fees cover craftsmanship and the process of turning raw gold into finished jewelry such as rings, necklaces, bracelets, and earrings. Making charges vary depending on design, workmanship, and retailer, and are separate from the market price of gold itself.
