Silver Is the New Gold' — Egyptians Try to Protect Savings In Egypt, the soaring prices and a declining currency have shifted a long-standing tradition. Traditionally, Egyptian women receive a gold jewelry set during their engagement, known as “shabka.” However, due to economic difficulties, with inflation over 30% and the currency losing half its value against the dollar, many are now receiving silver instead. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Commodity Hoarding: Implications for Global Markets and Security READ MORE Gold Soars to New Heights as Markets Await Powell's Jackson Hole Address READ MORE The Great American Housing Squeeze: Construction Costs Out of Reach for Most READ MORE Fidelity's Macro Guru Sees Bitcoin Reaching $6 Trillion Valuation READ MORE Incrementum: Monthly Gold Compass February 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment