Egypt’s gold reserves jump to $20.730 bln in January – CBE

By Yomna Yasser On Feb 5, 2026

Egypt’s gold reserves rose to $20.730 billion in January, up from $18.166 billion in December, the Central Bank of Egypt said on Thursday.

The $2.564 billion increase represents a 14.1 per cent month-on-month rise, reflecting the central bank’s strategy to diversify its reserve assets.

The rise in gold holdings came as Egypt’s total net foreign reserves increased 2.2 per cent to $52.594 billion from $51.452 billion, while foreign currency reserves slipped to $31.703 billion from $33.232 billion.

Gold remains a core component of Egypt’s reserve portfolio, supported by inflows from multilateral financing, remittances and a gradual recovery in tourism revenues.

Source: Amwal Al Ghad English

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