Gold Prices Rise by EGP 325 Since the Start of the Year in the Local Market
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Gold Prices Rise by EGP 325 Since the Start of the Year in the Local Market
Gold prices in local markets recorded strong gains during last week’s trading, supported by a similar rise on global exchanges. Prices increased by about 1.9%, in line with an almost identical rise in global gold prices, amid escalating geopolitical tensions and political instability that pushed th»»»
Oil set for weekly loss on fading Mideast supply risks
Oil prices showed mixed trends this week. Initial decline occurred due to Iran-Israel ceasefire news. Concerns about Middle East supply risks reduced. However, prices rose on Friday. Increased fuel demand in the United States supported the rise. Data indicated tight crude oil inventories. A weaker »»»
Oil set for weekly loss on fading Mideast supply risks
Oil was set to fall this week with the Iran-Israel ceasefire holding and easing concerns over Middle East supply risks, although prices rose on Friday as the summer driving season ramped up fuel demand in the United States. Brent crude futures rose 34 cents, or 0.5 per cent, to $68.07 a barrel by 0»»»
Trump won't back down on tariffs as his approval rating is revealed
President Donald Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy. Trump wrote on social media on Monday morning: 'Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, »»»
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