Jewelry demand in Egypt declined to 4.4 tons in the third quarter (Q3) of 2025, down from 5.1 tons a year earlier.

Prime Minister Mostafa Madbouly held a meeting to review Egypt’s readiness to secure sufficient supplies of petroleum products and natural gas, particularly for the electricity sector, ahead of peak summer consumption and amid heightened regional tensions following the Israeli military operation in Iran.

Demand for gold bars and coins in Egypt dropped by 21% year on year (YoY) in 2024 to 24 tons, compared to 30.3 tons in 2023.

Global gold prices extended gains for a third consecutive day, driven by heightened Russia-Ukraine war tensions and increased demand for safe-haven assets.

The Egyptian Ministry of Petroleum and Mineral Resources is planning to import seven shipments of liquefied natural gas (LNG) in October to meet the national gas network’s daily requirements.

Demand for gold bars and coins in Egypt dropped by 27% year on year (YoY) in the second quarter (Q2) of 2024 to 7.6 tons, compared to 10.4 tons in Q2 2023.

Annual gold jewelry consumption in Egypt declined 17% last year, World Gold Council’s Gold Demand Trends report for 2023.

Edita Food Industries is planning to pump more than EGP 1 billion in investments into the local market in 2024, the firm’s Chairman Hani Berzi said.

Consumer demand for gold in Egypt accounted for 12.9 tons in the third quarter (Q3) of 2023, down 17% from 15.5 tons over the same period of 2022.