gold prices

Gold prices soar to historic high in Egypt
Business

Gold prices soar to historic high in Egypt

Gold prices in the Egyptian local market reached unprecedented levels on Monday, with the popular 21-karat gold exceeding the 4800…
Naguib Sawiris expects gold to hit US$5,000 per ounce
Economy

Naguib Sawiris expects gold to hit US$5,000 per ounce

Egyptian businessman Naguib Sawiris, chairman of Orascom Investment Holding, predicted that the price of gold would reach US$5,000 per ounce…
Why did Trump exempt gold from tariffs?
Features/Interviews

Why did Trump exempt gold from tariffs?

Amidst a powerful wave of tariffs unleashed by US President Donald Trump, plunging global trade into the shadow of anticipated…
Gold sees its largest decline since November by 2.7%
Business

Gold sees its largest decline since November by 2.7%

The head of the Gold and Precious Metals Division at The Federation of Egyptian Industries (FEI), Ehab Wassef, revealed that…
Is now a good time to buy gold?
Business

Is now a good time to buy gold?

The former secretary-general of the Gold Division, Nageeb Najieb, stated that the best options for investing in gold are the…
Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?
Features/Interviews

Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?

Gold prices plunged significantly, losing more than $220 from its all-time high recorded last month. With gold futures contracts declining…
Gold up 6.4% since the beginning of September
Business

Gold up 6.4% since the beginning of September

Gold prices have risen by 6.4 percent since the beginning of September, on track to record its third consecutive monthly…
Global gold prices witness historic hike on Friday
Business

Global gold prices witness historic hike on Friday

Global gold prices hit new record levels on Friday, as gold futures rose by one percent to reach US$2,606 per…
US Federal Reserve chairman’s remarks to drive up gold prices in Egypt: Official
Business

US Federal Reserve chairman’s remarks to drive up gold prices in Egypt: Official

The global gold market is in a volatile state following statements from the Chairman of the US Federal Reserve Jerome…
Egypt’s Customs Authority returns tariff on expatriate gold
Economy

Egypt’s Customs Authority returns tariff on expatriate gold

The Egyptian Customs Authority has resumed applying the customs category stipulated in the customs tariff on gold jewelry imported by…
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