The gold craze is sweeping over jewelers… an enormous value hike and unimaginable positive factors in two days

Immediately, Friday, for the second day in a row, gold costs continued to rise at unprecedented charges, with gold making historic positive factors above 250 kilos per gram, following robust shopping for demand of books and gold bars, which considerably elevated the buying and selling quantity. the demand for the dear steel, and thus its value elevated, in an unprecedented method, to set a brand new document.

Rise in gold costs in Egypt

Gold value at the moment in Egypt

Immediately Friday, on the finish of buying and selling on the goldsmiths’ market, costs recorded successive will increase, bringing the value of a 50 gram 24 carat alloy to greater than 13,100 kilos. Here’s a show of costs for every caliber:

  • One gram of 24 carat gold recorded a worth of 4171 kilos.
  • A gram of 21 carat gold recorded a worth of three,650 kilos.
  • One gram of 18 carat gold recorded a worth of three,128 kilos.
  • The value of the pound of gold reached 29,200 kilos.

Gold costs all over the world in the present day, Friday

The costs of the yellow steel don’t usually differ from these on the Egyptian markets. Costs have seen a major enhance globally, with the continued unrest the world is witnessing, whether or not within the Center East with Israel’s brutal aggression on the Gaza Strip, or army actions. in Europe between Russia and Ukraine, and eventually the tensions which started between Pakistan and Iran a couple of days in the past.

The value of an oz. of gold reached $2,038, growing by greater than $20 in two days, and one ounce, or so-called “ounce”, weighs 31.1 grams of gold 24 carats.

Gold Price in Egypt Today
Alloys

Gold Worth in Saudi Arabia

The rise in costs of the dear steel prolonged to the Saudi market, after costs recorded a brand new excessive in the present day for all calibers, with costs recording the next quantities:

  • The value of 1 gram of pure gold reached 244.37 riyals.
  • The value of 1 gram of 22-carat gold reached 223.84 riyals.
  • The value of 1 gram of 21-karat gold reached 213.82 riyals.
  • The value of 1 gram of 18-karat gold reached 183.27 riyals.