The price of gold in the Egyptian market has recently increased by nearly 15 percent due to the US dollar’s exchange rate against the local currency, reported Al-Gomhuria . As a result, many customers sold their gold shares in order to take advantage of the price rise. Market sources also reported that gold purchase transactions were restricted to small shares. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
