Egypt Lifts Ban on Gold Exports

Precious Metals

Reuters Africa reported that a ban on gold exports from Egypt has now been lifted.

Reuters Africa reported that a ban on gold exports from Egypt has now been lifted.

The market news is quoted as saying:

The government decided on February 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”.

To read the full market news, click here.

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