Egypt’s Mercantile Exchange is considering trade in aluminum, gold

Unnamed sources told local media that Egypt’s Mercantile Exchange (EMX) considers trading in aluminum and gold during the second half of 2023.

Trading in aluminum is more likely than gold, pointing out that trading in gold will be linked to the procedures of announcing prices on the screens of the Egyptian Stock Exchange, which is expected to be completed soon.

The aim of adding these commodities is that they are highly traded and go through multiple price fluctuations, sources said.