Egypt gold jewelry sales rise in early 2026

The Egyptian market experienced a noticeable boom in gold jewelry sales during 2026, following a decline in prices that led to increased consumer demand. The drop in gold prices, resulting from escalating conflicts in the Middle East and rising oil prices, created a favorable opportunity for purchasing. Gold prices surged by approximately 150 pounds per gram for 21-karat gold during the first half of the year, helping to stabilize the market and stimulate demand for jewelry. These pieces have evolved in terms of quality and design, with a variety of weights to meet diverse tastes and price ranges.

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