Gold prices surge 6% in one week amid increasing demand for safe havens
Global gold prices experienced a significant surge last week, marking their best weekly performance in 20 months. The rise was driven by increased demand for safe-haven assets amid the ongoing escalation between Russia and Ukraine, despite the continued strength of
Egypt’s Petroleum Minister meets Aton Resources to discuss gold exploration
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from the Canadian Aton Resources company, led by the company’s CEO, Tonno Vahk, on Wednesday. The meeting focused on the company’s gold exploration and prospecting efforts in
Investment fund demand fuels gold price surge: Gold Bullion
Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming US elections. Additionally, there is significant demand for gold investment
Gold prices to rise on Fed hints of US rate cuts: iSagha – Dailynewsegypt
Gold prices rose slightly in local markets on Saturday, following a week of gains fuelled by growing expectations of a US Federal Reserve interest rate cut next month. The price of 21-karat gold per gram reached EGP 3,465 on Sunday,
Gold prices show 0.2% increase in local market over one week: iSagha – Dailynewsegypt
Gold prices in local markets recorded a 0.2% increase during the week ending last Saturday evening. In contrast, global gold prices experienced a slight decline of 0.6% during the week ending last Friday. This global decrease was influenced by several