11 September, 2024
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Gold

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Head of Egypt’s gold division reveals expectations for gold prices in the coming period

The head of the Jewelry and Jewelry Division at the Chambers of Commerce Hani Milad, clarified that circulated rumors regarding the stoppage of gold pricing are incorrect. He explained that there is a state of instability and a rush to increase prices by some, which have led to the market to halt buying and selling …

The post Head of Egypt’s gold division reveals expectations for gold prices in the coming period appeared first on Egypt Independent.

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Egypt may exempt Egyptians coming abroad from fees when buying foreign gold

The Ministry of Supply proposed an initiative to exempt Egyptians coming to Egypt from fees when they buy gold from abroad. Under the initiative, any Egyptian coming from abroad is exempt from fees imposed on between 100 and 150 grams of gold, which is equivalent to three gold bars weighing 50 grams per bar. The …

The post Egypt may exempt Egyptians coming abroad from fees when buying foreign gold appeared first on Egypt Independent.

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