gold prices
Gold prices fall by LE5 per gram, 21 carats at LE625
Egypt
February 6, 2017
Gold prices fall by LE5 per gram, 21 carats at LE625
Gold prices declined by about LE5 in the local market during Monday trading, affected by the depreciation of the US dollar exchange…
Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case
Business
December 3, 2016
Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case
Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors…
Gold prices rise on back of dollar shortage: traders
Business
October 31, 2016
Gold prices rise on back of dollar shortage: traders
Gold prices rose on Sunday, with a pound of gold valued at LE5,040, while a gram of 24-carat gold cost…
High gold prices push clients out of Egypt’s hub for jewelry
Business
August 3, 2016
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
February 13, 2016
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
December 8, 2015
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
July 29, 2015
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
July 22, 2015
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
July 20, 2015
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
October 13, 2013
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,…