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 Silver Price Chart READ MORE IEA, OPEC Divergence On Oil Demand Becomes Too Big To Ignore READ MORE De-Dollarization Accelerates as 20 Nations Sign On to Russian Financial System READ MORE US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports READ MORE Add a Comment Cancel replyYour email address will not be published.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