Egypt’s gold industry is split on whether jewelry demand needs saving at all

Three years of record gold prices and economic uncertainty have shifted demand away from jewelry and toward bullion, coins, and regulated investment funds.

The initiative will support factories, workshops, and employment

The data shows how far the shift has gone: Financial Regulatory Authority (FRA) data

The structural shift runs deeper than higher gold prices.

An entirely new class of buyer has entered the market as well.

Milad places responsibility for recovery on the manufacturer, not the market conditions.

But some argue that the premise behind the FEI initiative is already outdated.

Lighter products are driving sales: