Tag: Gold

Gold surges to $1,550/oz in 1H2019 over US-China trade war

Gold rose by EGP 115 in Egypt since the beginning of 2019,…

Walid Farouk

What do you know about gold alloying?

You know your gold jewellery is 14k, or 10k, or one of…

Walid Farouk

First 3D printer for gold jewellery to be launched in Egypt: Mohamed El Hashemy

5 printers sold, for EGP 0.5m of sales since the launch, says…

Walid Farouk

iSagha does not compete with gold companies, actually aims to maximise their sales: CEO

Company's capital estimated at EGP 5.5m, of which 10% contributed by Flat6labs

Walid Farouk

Saudi Al Romaizan plans to launch EGP 500m gold factory in Egypt

The company has completed all technical and feasibility studies of the project…

Walid Farouk

Gold in FX reserves up by $69m in June 2019

FX reserves increased to $44.352bn end of May: CBE

Hossam Mounir

Discounting weight of crystal stones when returning jewellery disrupts Egyptian gold market

Issue opens the way for fraud, stealing citizens' gold savings, turning them…

Walid Farouk

Gold Traders Syndicate warns shops from spread of counterfeit gold

Dealing with official invoices, checking gold, prevents traders getting involved in robbery…

Walid Farouk

Recession hits gold market in Ramadan

Increase in companies’ demand indicates recovery after the season, says Rezk

Walid Farouk

Sales of gold jewellery reached 9.6 tonnes in 2018: MD of New Egypt Gold Group

Group owns 6 companies, accounting for 30% of local production

Walid Farouk