Guides
How gold is priced, how it is taxed, what fineness means and how a shop is counted in grams. Written for people who run gold businesses, not for search engines.
How the price of a gold piece is worked out
Weight, fineness, the live rate, making and tax — worked through step by step.
6 min read
VAT on the making charge in Egypt
Tax falls on a making charge the state publishes, not the one you charged.
5 min read
Karat, fineness and milyem: 21, 875 and 999
A conversion table, and why software must store the number, not the name.
4 min read
Counting a gold shop in grams, not in pieces
A piece count tells you nothing. Stock is pure metal, per fineness.
5 min read
Zakat on gold: how it is calculated, step by step
Nisab, the lunar year and 2.5%, and converting 21K and 18K to pure gold, with a worked example.
7 min read
The difference between 24K, 22K, 21K and 18K gold
Purity, hardness, use and the gram price of each karat, with a table and a worked example.
6 min read
How to open a gold shop: paperwork, cost and software
The usual paperwork, where the capital goes, and what a shop needs to run from day one.
8 min readCounting a gold shop by weight: the daily count and day close
Check the scale, weigh each fineness, compare expected with actual, and record the difference with a reason.
7 min read