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Gold Craftsmanship Cost — Why You Pay More Than Gram Price

March 9, 20267 min read0 views
Gold Craftsmanship Cost — Why You Pay More Than Gram Price

What Is Craftsmanship Fee?


The craftsmanship fee covers the cost of turning raw gold into jewelry. Total cost = (gram price + craftsmanship) × weight.

Why Fees Vary Between Shops



  • Design complexity — simple chain vs elaborate necklace

  • Handwork vs machine-made

  • Brand name — Lazurde/Damas charge significantly more

  • Location — malls are 30–50% more expensive than goldsmith quarters

Average Fees in Egypt 2026









TypeFee (EGP/gram)
Thin chain (hollow)80–120
Solid chain120–200
Simple bracelet100–200
Wedding set200–500
Brand-name500–1,500+

How to Negotiate



  • Ask about fees BEFORE looking at pieces

  • Compare 3+ shops — differences can reach 200 EGP/gram

  • Bulk purchases (wedding sets) get discounts

  • Goldsmith quarters negotiate easier than malls

Important: Fees Don't Transfer on Resale


When selling used gold, shops pay raw gram price only. Craftsmanship fee is lost. For investment, buy bars/coins (no fee). For wearing, the fee is a usage cost, not an investment.

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