Eng. Osama El-Galla, Secretary-General of the Gold Division at the Federation of Egyptian Chambers of Commerce, stated that there is a rise in gold prices in Egypt, reaching new peaks not seen before, especially the international price of $3580. However, the local price has not exceeded previous peaks due to the decrease in the dollar's value. He added that buying and selling activity in the local markets is stable. In exclusive statements to "News Misr," El-Galla indicated that gold prices are expected to rise in the coming period because the Federal Reserve Bank has not cut interest rates. He pointed out that there are attempts, similar to conflicts in the United States, between Trump and the Central Bank's administration to lower interest rates. If interest rates decrease, gold prices will rise internationally and locally. The Secretary-General of the Gold Division added that there are three factors controlling the local gold price: first, the international gold price (the ounce in dollars), second, the dollar's price against the Egyptian pound, and third, the supply and demand in the local market. If the price of the ounce in dollars rises, it will lead to an increase in gold prices. Regarding the better investment, gold or silver, Eng. Osama El-Galla explained that the gold market is the strongest and largest in Egypt and abroad, and buying and selling movements are easier than for silver. This is because a large quantity of silver must be moved to achieve the same value; one kilogram of gold is equivalent to moving 90 kilograms of silver. Therefore, the gold market has more flexibility in transactions than silver. However, both gold and silver are considered savings vessels for preserving value, as they achieve an increase in prices in addition to maintaining their value.