The total gold reserves held by the Central Bank of Egypt increased by about 40 percent during the first nine months of the current year. Their value reached 757.40 billion pounds at the end of September 2025, compared to 540.37 billion pounds at the end of December 2024, an increase of 217.02 billion pounds.
The bank's balance sheet showed that gold reserves at the Central Bank rose by about 73.83 billion pounds during September alone.
Global gold prices have witnessed successive record levels since the beginning of the current year, driven by several global economic factors, most notably the depreciation of the US dollar and central banks' tendency to cut interest rates.
