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الوطن
الوطن
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The 21-karat gold remains the dominant force in Egypt's jewelry market despite the various prices and fluctuations of different gold karats. It is considered the most sold and most traded among consumers. The reasons include consumer preference based on price levels and its status as a standard benchmark used to determine gold prices in Egypt, making it a main reference point even when prices rise or fall globally. Although the price of an ounce has decreased internationally, the price of 21-karat gold continues to be affected by local market factors, yet it maintains its relative value as the primary backbone of the Egyptian gold market.
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