gold prices
Gold prices soar to historic high in Egypt
Business
April 21, 2025
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
April 9, 2025
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
April 6, 2025
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
March 3, 2025
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
December 19, 2024
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
November 17, 2024
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
September 26, 2024
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
September 14, 2024
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
August 25, 2024
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
May 19, 2024
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…