Mr. / Wasfy Ameen Wasfy- the General Division of jewelries Chairman at Federation of Chambers of Commerce announced that gold prices suddenly dropped unexpectedly because of speculations in global stock markets. That is also confirmed by Mr. / Nady Najib secretary-general of Jewellry Association and Division, adding that the economic situation in the world and the instability of Oil, dollar and Euro prices are from affecting factors.

Mr. wasfy Ameen wasfy referred that the domestic market is still facing a Semi-complete depression, noting that the percentage of sales did not return yet to the pre-January 25 revolution, the volume of demand reached about 15% between up and down.