Egypt gold reserves reach $19.188 bln in March – CBE

By Yomna Yasser On Apr 5, 2026

Egypt’s gold reserves declined in March, falling to $19.188 billion from $21.502 billion in February, data from the Central Bank of Egypt (CBE) showed on Sunday.

The $2.314 billion decrease marks a 10.8 per cent month-on-month drop, reflecting valuation changes in global gold prices and portfolio adjustments within the country’s reserve assets.

Despite the decline in gold holdings, Egypt’s total net foreign reserves edged up by 0.16 per cent to $52.831 billion at the end of March, compared with $52.746 billion a month earlier.

Foreign currency reserves posted a stronger increase, rising to $33.097 billion from $30.690 billion in February, indicating improved liquidity driven by inflows from external financing, remittances, and a gradual recovery in tourism revenues.

Gold remains a key pillar of Egypt’s reserve composition, serving as a hedge against global market volatility even as short-term fluctuations impact its valuation.

Source: Amwal Al Ghad English

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