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 market faced a dual squeeze: international gold prices dropped by more than [...] The post Egyptian pound strengthens, gold prices fall 2.7% in May first appeared on Dailynewsegypt .
