Egyptians’ Gold Purchases Fall 10% in 2025 as Bar Demand Jumps in Q4

Egyptians’ gold purchases totaled approximately 45.1 tonnes in 2025, marking a 10% decline compared to buying levels in 2024.

Data showed that gold jewelry demand over the full year of 2025 reached 21.5 tonnes, down 18% from 26.1 tonnes in 2024. Meanwhile, purchases of gold bars and coins amounted to 23.6 tonnes, recording a slight 2% decrease compared to 24 tonnes in the previous year.

On a quarterly basis, fourth-quarter 2025 gold purchases in Egypt stood at 12.6 tonnes, the highest quarterly level since Q2 2024. Demand in Q4 2025 was 4% higher than the same period of 2024, which recorded 12.1 tonnes, and surged 27% compared to Q3 2025, when purchases totaled 9.9 tonnes.

Gold jewelry demand during the fourth quarter of 2025 reached 5.1 tonnes, representing an 18% decline year-on-year compared with 6.3 tonnes in Q4 2024. However, it exceeded purchases in the third quarter of 2025, which stood at 4.4 tonnes.

In contrast, demand for gold bars and coins in Q4 2025 rose sharply to 7.4 tonnes, up 27% compared with 5.9 tonnes in Q4 2024, and also higher than Q3 2025 levels of 5.6 tonnes, highlighting continued preference for gold as a store of value and investment asset.