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 Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Zimbabwe Announces Plans to Introduce Gold Backed Currency READ MORE Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE Oil Prices Reach 8-Week Highs: U.S. Stockpile Drop and China's Stimulus Fuel Surge READ MORE Retirement Dreams Fade for Young Americans Amid Economic Challenges READ MORE Add a Comment Cancel replyYour email address will not be published.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