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Egypt's gold reserves surges to $16.55b in October – CBE
Yomna Yasser Published in Amwal Al Ghad on 09 - 11 - 2025

Egypt's gold reserves surged 4.4 per cent in October to $16.545 billion, up from $15.843 billion a month earlier, according to provisional data from the Central Bank of Egypt (CBE) released on Sunday.
The increase in gold holdings coincided with a broader rise in overall net foreign reserves, which grew 1.1 per cent month-on-month to $50.071 billion. In contrast, foreign currency reserves fell slightly to $33.350 billion from $33.649 billion.
Gold continues to be a cornerstone of Egypt's reserve assets, with the latest gain supported by higher international bullion prices and the central bank's ongoing diversification strategy. Reserves have also been bolstered in recent months by multilateral financing, stronger remittance inflows, and a recovery in tourism.
Attribution: Amwal Al Ghad English
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