Silver Prices in Egypt Surge Sharply; Gram Reaches EGP 26.72
Silver prices in Egypt surged to EGP 26.72/gram, up 2.18% recently, driven by global trends and industrial demand.
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Silver prices in Egypt surged to EGP 26.72/gram, up 2.18% recently, driven by global trends and industrial demand.
Aluminum prices stay near 3-year highs due to global supply tightness, stricter China output, export declines, and global production challenges.
Canada's GDP grew 0.1% in Nov 2025, signaling fragile recovery led by services, while goods sectors remain weak after October's decline.
Copper hits 5-month high on supply issues and possible US tariffs; global output drops and tight market boost prices, especially for China.
Gold prices eased from record highs near $4,470 as strong US growth tempers rate cut hopes, but geopolitical tensions keep demand strong.
US industrial growth slowed in Oct-Nov 2025; output flat, capacity use still below average, mining strong, manufacturing weak, inflation risks low.
German DAX rose, led by healthcare gains; defense and auto stocks fell amid cautious sentiment and strong US GDP data.
Richmond Fed survey shows slower manufacturing contraction, but services decline persists; wage pressures remain, signaling mixed US economic signals.
Gold trading in Egypt is slow, with stable prices and cautious buyers. 21-carat gold remains the key market indicator.
Kuwait Stock Exchange closed mixed: Premier Index up 0.36%, Main Index down 0.56%, with strong liquidity and blue-chip focus.
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