Paper gains on gold are easy to overstate. A realistic profit and loss figure for the Egyptian market has to account for what you actually paid above the metal price when you bought, and what the dealer will actually deduct when you sell.
Your entry price is the metal value plus workmanship (for jewelry) or premium (for bars and coins). If you bought a 21K piece with 4.45% masna'iya, you started roughly 4.45% behind the market. Bars typically start 2-6% behind depending on size, and the Egyptian Gold Pound sits in between because of its minting premium.
Dealers buy back below the price they sell at, and they pay for metal only. So a break-even sale requires the market to rise by your entry premium plus the exit spread — commonly 7-8% for jewelry and 3-5% for bullion. Below that, a nominal 'gain' is still a loss in cash terms.
Egyptian gold is priced in pounds, so its EGP value moves with both the international gold price and the USD/EGP rate. A flat global market with a weakening pound still lifts local prices, which is exactly why Egyptian savers use gold as an inflation hedge. When measuring performance, decide whether you care about EGP purchasing power or dollar value, because they can diverge sharply.
Enter what you paid, the weight and the karat. The tool prices your holding at the current market sell price and reports the net figure in Egyptian pounds and as a percentage — the number that matters when deciding whether to hold or sell.
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