Pricing


International RJC/LBMA certified Refineries’ Bid/Ask quotation from Global Precious Metals Market Maker (GPMMM):

  1. Real time broadcasted Bid/Ask quotation for 999.9 purity gold from GPMMM in US Dollar per Troy Ounce (USD/TOz) (Monday-Friday 23 hours/day)
  2. GNT mathematically recalibrates the quotation to EGP/Gram
    • GPMMM Quotation / 31.1035 (Conversion from ToZ to gram)
    • Conversion from USD to EGP using CBE official rate
    • Add local supply and demand premium or discount for Bid and for Ask sides of quotation from Local RJC or LBMA Refinery Bid/Ask Quotation to adjust the difference between the GPMMM and the local market

Local RJC-certified Refinery Bid-Ask quotation: Local RJC-certified Refinery Bid/Ask quotation in EGP/Gram for 999.9 purity gold

  1. Local RJC-certified refinery quotes GNT the price of 21K in EGP/gram
  2. GNT mathematically recalibrates the quotation from 21K gold to 24K gold in EGP/gram (dividing quotation by 875 then multiplying by 999.9)
  3. Afterwards, GNT broadcasts price of Bid/Ask

 


Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google