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 Inflation Is Down but Don't Thank the Fed READ MORE Government Says, Inflation in December Was Even Lower Than First Reported READ MORE Central Banks Boost Gold Reserves to Diversify from the Dollar READ MORE Dow Falls More than 400 points on Higher Than Anticipated Inflation Data READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE Add a Comment Cancel replyYour email address will not be published.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