Warning Against Buying Chinese Gold: Federation of Industries Head Highlights Cancer Risk

Warning Against Buying Chinese Gold: Federation of Industries Head Highlights Cancer Risk

Ramy Mohy El-Din Friday, February 02, 2024 12:05 AM Ihab Wassef, head of the Gold Division at the Federation of Industries, warned against buying so-called “Chinese gold,” noting that it may cause cancer in humans. Nassef added, during a phone call on the “Kol Al-Zawiya” program with the journalist Sarah Hazem Taha, broadcast on the … Read more

Gold Prices in Egypt Today: Gram Price Drops by 25 Pounds – January 5, 2024

Gold Prices in Egypt Today: Gram Price Drops by 25 Pounds – January 5, 2024

11:06 AM Friday, January 05, 2024 Cairo – Masrawy: The price of gold fell today, Friday, in Egypt at the beginning of trading, and the price of a gram fell by 25 pounds, compared to its level yesterday, according to what Naguib Naguib, former Secretary General of the Gold Division, at the Cairo Chamber of … Read more

“Unjustified Increase in Gold Prices Monitored by Federation of Chambers of Commerce”

“Unjustified Increase in Gold Prices Monitored by Federation of Chambers of Commerce”

Islam Saeed Books Monday, April 17, 2023 08:29 PM Today, Monday, the General Division of Gold and Jewelry of the General Federation of Chambers of Commerce, headed by Eng. Hani Milad Gayed, monitored unjustified increases in prices in the local markets. The price of a gram of 21 karat To 2320 pounds during evening trading, … Read more

What were the fluctuations of gold and dollar prices in Egypt during the day of interest rate hike?

What were the fluctuations of gold and dollar prices in Egypt during the day of interest rate hike?

I wrote – Sherine Salah: The exchange rate of the dollar against the pound stabilized during Thursday’s trading, while the gold price reached record levels on the day the interest rates were raised. Today, the Monetary Policy Committee decided to raise the interest rate by 2% on deposits and lending, in line with observers’ expectations … Read more

Will the price of the yellow metal drop to 1,000 pounds?.. The Secretary General of the Gold Division answers

Will the price of the yellow metal drop to 1,000 pounds?.. The Secretary General of the Gold Division answers

Eng. Nadi Naguib, Secretary General of the Gold Division at the Cairo Chamber of Commerce, answered a question, “Will the price of a gram of gold drop to 1,000 pounds?” The Secretary-General of the Gold Division of the Cairo Chamber of Commerce confirmed that the drop in gold to 1,000 pounds is very difficult, and … Read more