Egypt’s international reserves climbed to a record $51.45 billion at the end of December 2025, driven largely by a sharp rise in the value of the country’s gold holdings, according to data released by the Central Bank of Egypt. The increase marks one of Egypt’s strongest reserve positions on record and reflects growing buffers against external shocks.
Gold reserves rose to $18.17 billion, representing a 71 percent year on year increase, while liquid foreign currency assets reached $33.23 billion, central bank figures show. The CBE data indicate that reserves increased by about $1.24 billion in December alone, with gold accounting for the bulk of the monthly gain. Reports by Egypt Independent note that higher global gold prices and steady accumulation by the central bank significantly boosted the valuation of Egypt’s bullion holdings.
Economists say the surge in gold has strengthened Egypt’s external position at a time of global financial uncertainty. Market analysts cited by business insider Africa say gold has become a key stabilising asset for the country, helping to offset currency volatility and support the central bank’s ability to meet import financing and external obligations.
The record reserve level is expected to reinforce investor confidence and provide policymakers with greater flexibility as Egypt navigates inflation pressures and global monetary tightening. Financial observers say the growing role of gold in Egypt’s reserve mix highlights a broader strategy of asset diversification to enhance long term economic resilience.
