Arab Finance: Egyptian digital investment and wealth management platform Thndr has launched 'Thndr Gold’ to buy, sell, and track 24-karat gold directly from the app.

provides investors with digital exposure to physical gold without the need to purchase, store, or transport the precious metal. Customers' holdings are reflected in grams and are updated based on the latest available gold sell price, allowing them to monitor the value of their investments in real time.

Backed and managed by Thndr Asset Management, the new service provides investors with digital access to real, physical 24-karat gold without the need to purchase, store, or transport the precious metal.

In this regard, customers' holdings are displayed in grams and are updated based on the latest available gold sell price, allowing them to monitor the value of their investments in real time.

Thndr Gold allows investors to start with just 0.001 grams, lowering the entry barrier for retail investors who may not be able to afford a full gram of gold.

Users can buy or sell fractional quantities directly through the app, which charges a flat 1% fee on both buy and sell transactions.

The platform operates under the supervision of a Sharia committee, so it’s built for everyone. Moreover, the physical gold is securely stored at EGYCASH, backed by the Central Bank of Egypt (CBE).

In order to buy gold via Thndr, you need to open the app, go to the explore tab, choose gold, and press buy. Choose the cash amount you want to buy with, or the amount of grams you want, and finally place your order.

Transactions are processed three times during each working day, from Sunday to Thursday, at 10:00 AM, 1:00 PM, and 3:00 PM. Orders submitted after the final daily cut-off or during weekends and public holidays are executed at 10:00 AM. on the next working day.

In line with joint efforts to make Egypt a global hub in the gold industry, the African Export-Import Bank (Afreximbank) is seeking to begin construction of a gold refinery in Egypt by the end of 2026, with investments ranging between $50 million and $100 million.

Recently, Thndr and Huawei Cloud signed a memorandum of understanding (MoU) to cooperate in fintech innovation and develop the use of cloud computing and artificial intelligence (AI) across Egypt’s financial services industry.