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 Carry Trades Wobble as Yen Swings Roil One of Year’s Best Bets READ MORE A Closer Look at HSBC’s New Gold Token READ MORE Oil Prices Waver Amid Economic Uncertainty and Interest Rate Speculation READ MORE The Commodities Feed: Gold Nears $2,200/oz READ MORE Add a Comment Cancel replyYour email address will not be published.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