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Egyptian pound strengthens, gold prices fall 2.7% in May

By CityCalc Newsroom · Sun May 31 2026 · Source: Daily News Egypt

Gold prices in Egypt fell sharply in May 2026, weighed down by a stronger Egyptian pound and weaker global bullion markets, according to the Gold and Precious Metals Division at the Federation of Egyptian Industries. Division Chairperson Ehab Wassef explained that the local mark…

Gold prices in Egypt fell sharply in May 2026, weighed down by a stronger Egyptian pound and weaker global bullion markets, according to the Gold and Precious Metals Division at the Federation of Egyptian Industries. Division Chairperson Ehab Wassef explained that the local mark…

Curated by CityCalc from Daily News Egypt. Read the full article at the source.

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