Recent data show that the Central Bank of Egypt (CBE) purchased around 73.69 thousand ounces of gold over the past 11 months, equivalent to approximately 2.29 tonnes, as part of its strategy to strengthen reserve assets.
In November 2025, the CBE continued to boost its gold holdings, adding about 10.74 thousand ounces (around 334 kilograms). This lifted total gold reserves to 4.153 million ounces, or roughly 129.2 tonnes, compared with 4.142 million ounces (about 128.8 tonnes) in October.
In value terms, Egypt’s gold reserves rose by around $707 million, reaching $17.251 billion, up from $16.545 billion in the previous month, supported by higher global gold prices and increased holdings.
The rise in the value of gold reserves contributed to strengthening Egypt’s net foreign exchange reserves, which climbed to $50.215 billion in November, marking an all-time high. This represents an increase of $144 million compared with $50.071 billion recorded in October, according to data released by the Central Bank of Egypt.
The steady growth in Egypt’s net international reserves has been supported by improving sources of foreign currency inflows, including rising exports since the beginning of the year, stronger tourism revenues, and increased remittances from Egyptians working abroad, enhancing the country’s ability to bolster both its gold and foreign currency reserves.
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