The total consumer demand for gold in the Egyptian market reached about 32.5 tons during the first nine months of the year 2025, with a decrease rate of 14.5% from the same period last year, which registered 38 tons, according to the World Gold Council report issued today.
Meanwhile, consumer demand for gold in the Egyptian market witnessed a decline in the third quarter of 2025, despite the investment appetite remaining relatively strong, according to World Gold Council data.
The total consumer demand (jewelry + bars and coins) in Egypt reached about 9.93 tons during the third quarter of 2025, with a quarterly decrease of about 13.8% compared to the second quarter of the same year.
However, it declined annually more lightly by only 4.6% compared to the third quarter of 2024. This means that the market calmed down after a strong buying wave in the first half of the year, but it is still active when measured against last year.
The report clarified that gold jewelry purchases recorded about 4.35 tons in the third quarter of 2025, with a sharp quarterly decrease of about 23% compared to the second quarter, and an annual decline of 14.6%.
These figures reflect the pressure on purchasing power, the increase in craftsmanship fees (masna'eya), and the preference of a portion of consumers to liquidate old gold instead of buying new.
Demand for bars, bullion, and gold coins amounted to about 5.57 tons during the third quarter, decreasing slightly by about 5% from the second quarter, but it is rising annually by nearly 5%. This indicates the continuation of gold as a direct savings and investment tool, even with the slowdown in jewelry demand.
The ordinary consumer is reducing the purchase of consumer jewelry, but the individual investor is still buying gold as a safe haven and retaining it in the form of bars and coins, not in the form of ornaments.
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