Gold jewelry is seen in a jewelry store in Cairo, Egypt on May 22, 2020. The COVID-19 outbreak has a direct negative impact on the gold market in Egypt which has been experiencing a recession, said an Egyptian economic official. "Since the appearance of the novel coronavirus in Egypt, the gold market has been suffering a massive recession and sales have fallen by more than 80 percent," Nady Naguib, secretary of the Gold Division at the Cairo Chamber of Commerce, told Xinhua.(Xinhua/Ahmed Gomaa)
