Demand for gold bars, coins in Egypt fall 21% YoY in 2024

Updated 2/5/2025 9:04:00 AM
Demand for gold bars, coins in Egypt fall 21% YoY in 2024

Arab Finance: 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, as per a report by the World Gold Council.

Also, gold jewelry demand in the country declined by 2% YoY to 26.1 tons last year from 26.7 tons a year earlier.

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