gold prices

High gold prices push clients out of Egypt’s hub for jewelry
Business

High gold prices push clients out of Egypt’s hub for jewelry

A dowry of gold is the first step in marriage procedures for Egyptians, and Sagha is the destination. The area…
Shunned for years, gold stages comeback as equities melt down
Business

Shunned for years, gold stages comeback as equities melt down

Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing…
Gold will not be favorable Christmas gift this year: traders
Egypt

Gold will not be favorable Christmas gift this year: traders

A number of gold traders said that the current price of gold could help it have a strong return as…
Gold demand weakest since 2009 in Q2 as Chinese turned to stocks
Business

Gold demand weakest since 2009 in Q2 as Chinese turned to stocks

Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from…
Precious-Gold falls to near 5-year low as bearish view holds
Business

Precious-Gold falls to near 5-year low as bearish view holds

Gold fell on Wednesday for a seventh session in eight, reflecting sustained downward pressure on the metal days after its…
Gold cuts losses after dive to 5-year low, risks remain
Business

Gold cuts losses after dive to 5-year low, risks remain

Gold trimmed losses after falling as much as 4 percent to its lowest in more than five years on Monday…
Gold sales continue to decline despite low prices
Business

Gold sales continue to decline despite low prices

Gold prices continued to decline for the third day in a row. The 24 carat price scored LE293.70 on Friday,…
Centamin Egypt plans to redomicile to Jersey
Business

Centamin Egypt plans to redomicile to Jersey

Gold producer Centamin Egypt Ltd said it plans to set up a new parent company, to be redomiciled in Jersey,…
Local gold prices still increasing
Business

Local gold prices still increasing

Local gold prices are still soaring due to a global price hike, gold experts say. Amir Rezq, member of the…
Local gold prices increase by LE2
Business

Local gold prices increase by LE2

Local market prices for gold increased by LE2 per one gram in the aftermath of the financial crisis that hit…
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