The Weekly Update

19/02 – 26/02: Weekly precious metals prices & returns update – international and local gold prices down – dollar hits a seven-week high – Egypt Issues Islamic sukuk and more.

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A Paradigm Shift in the Global Economy

The global economy currently faces supply-side pressures from the Covid-19 pandemic, rising inflation, high public spending and debt levels, and uncertainty about policy direction. Accordingly, GDP growth forecasts have been revised downwards by almost all IFIs, especially for advanced economies.

Why Egyptians Should Invest in Gold?

In the wake of the recent unfolding of troubling economic events, Egyptians are pondering what the future holds for the economy and how their everyday lives may be affected if the current economic challenges persist.

What Does the Future Hold for Gold?

Gold is affected by several variables, including interest rates, inflation, the value of the dollar, demand trends, and economic and political developments. The future direction of the U.S. Fed monetary policy, stock market volatility, a looming debt crisis….