gold prices

Gold prices fall by LE5 per gram, 21 carats at LE625
Egypt

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

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

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

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,…
Back to top button