Business news dominated the airwaves last night:

Gold prices have soared to unprecedented levels in recent weeks: 21 carat gold prices have reached EGP 705 per gram and are expected to go up to EGP 800 per gram by the end of next month, Amir Rizk, member of the Gold Division at the Chamber of Commerce, told Yahduth Fi Misr’s Sherif Amer (watch, runtime: 04:06). Rizk expects the trend to continue until the end of the year, surpassing EGP 900 per gram. He attributed the rise in prices to the US-China trade war.

Baltim South West is expected to start production of natural gas within days, three

months ahead of time, Hona Al Asema’s Lama Gebril quoted the Oil Ministry as saying (watch, runtime: 01:24). Five other wells will be drilled during the current fiscal year, raising the total production capacity of the field to 500 mcf/d (watch, runtime: 04:41).

A report by the Financial Times hailing Egypt’s economic performance also caught the attention of a number of talking heads, including Masaa DMC’s Ramy Radwan (watch, runtime: 06:20).