However, gold remains one of the
precious metals that retains its value over the long term, and it remains a
safe haven for many investors. Therefore, the decline in gold prices on
Wednesday may serve as a good opportunity for people to buy and take advantage
of the lower prices.
Here are the gold prices on
Wednesday in Egypt:
24 karat: EGP 3542
21 karat: EGP 3100
18 karat: EGP 2657
14 karat: EGP 2066
King George V gold coin price on
Wednesday:
The price of a 21-karat gold
pound on Wednesday in jewelry stores was recorded at 24,800 Egyptian pounds.
This price is equivalent to raw gold, without workmanship, tax, or stamp, and
weighs 8 grams of 21-karat gold.
As for gold prices in dollars,
they are as follows:
24 karat: $74.77
21 karat: $65.43
18 karat: $56.08
And the prices of used gold on
Wednesday in Egypt are as follows:
24 karat: EGP 3520
21 karat: EGP 3080
18 karat: EGP 2640
14 karat: EGP 2053
These prices are subject to
change according to fluctuations in gold and currency markets.