1 Day
Source:
المصري اليوم
_1777352142843_145525226.png&w=64&q=75){kind=small}
Source: المصري اليوم
1 Dayالمصري اليوم
Source: المصري اليوم
1 DayReady to play
Ready to play
Egyptians’ gold purchases fell to around 9.7 tonnes in the third quarter of 2026, their lowest level in five years, down 12.6% from the previous quarter and 3% year on year. Jewellery purchases declined to 3.8 tonnes, down 12% year on year, while purchases of bars and coins rose 5% year on year to 5.9 tonnes, despite falling from the second quarter. The World Gold Council attributed weak demand to inflation, higher interest rates and subsidy cuts, which put pressure on household budgets. Meanwhile, the weaker pound made gold more attractive as a savings and hedging tool.
Notice: This Is an AI-Generated Summary
Comments (0)