The Central Bank of Egypt has announced a 10% increase in its gold reserves, reaching 150 tons over the past six months. This growth is part of the government's strategy to strengthen its gold holdings to counter global economic uncertainties. A bank official confirmed that the increase is due to new gold purchases and local extraction from recently discovered mines in the Eastern Desert.
Gold prices have surged today amid global financial market instability, reaching $2,000 per ounce, the highest level in three months. This increase is driven by concerns over inflation and sl...
Gold prices have surged today amid global financial market instability, reaching $2,000 per ounce, the highest level in three months. This increase is driven by concerns over inflation and sl...
Egypt’s Ministry of Petroleum and Mineral Resources has announced the discovery of a new gold mine in the Eastern Desert, with an estimated initial reserve of one million ounces. This di...