Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Egypt has lifted a ban on the export of gold due to increasing economic and political stability, the government said in a statement on Saturday.
The government decided on Feb. 27 to ban exports of gold until June 30 — a decision which the statement issued on Saturday said was aimed at “guarding Egyptian national security and to stop smuggling of the country’s wealth abroad”.