Head of Egypt’s gold division reveals expectations for gold prices in the coming period

The head of the Jewelry and Jewelry Division at the Chambers of Commerce Hani Milad, clarified that circulated rumors regarding the stoppage of gold pricing are incorrect.

He explained that there is a state of instability and a rush to increase prices by some, which have led to the market to halt buying and selling due to exaggerated high prices – but there is no official decision to stop pricing.

Regarding his expectations for gold prices, Milan stated: “I believe that the coming period will witness stability in gold prices, especially since the prices are skyrocketed, and there is a tendency to control the market in the coming period.”