{"id":679258,"date":"2025-12-30T00:00:00","date_gmt":"2025-12-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=679258"},"modified":"2025-12-30T08:56:33","modified_gmt":"2025-12-30T08:56:33","slug":"why-gold-is-still-a-structural-hedge-for-egyptian-households","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/30\/why-gold-is-still-a-structural-hedge-for-egyptian-households\/","title":{"rendered":"Why gold is still a structural hedge for Egyptian households"},"content":{"rendered":"

Gold hit a historic USD 4.5K per oz last Friday before a sharp 4.5% correction yesterday<\/strong>, triggered by profit taking and what seemed to be reasonable Trump-Zelensky peace talks. While global traders are selling, many Egyptian households are treating the dip as a secondary entry point, industry insiders tell EnterpriseAM, suggesting gold remains a structural hedge within the Egyptian family\u2019s balance sheet.<\/p>\n

Why it matters: <\/strong>Until the EGP can compete with the psychological security of bullion, capital will remain sidelined in the non-productive economy. As Bokra Holding CEO Ayman Elsawy told us, \u201cgold demand in Egypt doesn\u2019t collapse when conditions improve; it slows down. Past volatility keeps gold in portfolios longer than the models expect.\u201d<\/p>\n

\n

For most Egyptians, gold is no longer just an asset \u2014 it is a replacement for currency trust<\/p>\n

\u201cEven if inflation slows, people remember what high inflation did to <\/strong>[paper money]<\/strong>,\u201d<\/strong> Elsawy said. \u201cGold buying today is often backward-looking, based on people\u2019s memory,\u201d he added, explaining that this \u201cinflation memory\u201d is currently more powerful than global price charts. Rising prices are interpreted as a sign of instability ahead, not a reason to wait, Elsawy added.<\/p>\n

In the shops, the buy-and-hold mentality is the baseline.<\/strong> Customers aren't looking at the ticker tape for quick gains, Hatem El Gabry, CEO of gold and silver shop Tut Ankh Amon Jewellery, tells EnterpriseAM. \u201cBuyers are still entering the market, fully aware that gold is a long-term investment and that returns take time,\u201d El Gabry said. \u201cMany see it as a way to preserve value for future purchases rather than a short-term trade.\u201d<\/p>\n

This is echoed by the savers themselves. <\/strong>\u201cInflation is the main reason. Even when prices stabilize for a bit, the cost of living keeps rising, so gold feels like a way to protect what I\u2019ve already saved,\u201d one saver tells us. Another said that any whisper of currency volatility is a buy signal, explaining how \u201cany talk about pressure on the EGP immediately makes me think about protecting my savings.\u201d<\/p>\n

\n

Demand in Egypt is rarely killed by high prices \u2014 it\u2019s just reshaped<\/p>\n

Egypt has a buy-and-hold culture that transcends price swings<\/strong>, with households typically buying gold whether prices are rising or falling, but the motivation changes, Evolve Investment Holding CEO Sameh El Torgoman tells EnterpriseAM. \u201cWhen prices rise due to inflation fears or FX stress, people rush into gold even as prices go up. The mindset is: \u2018Better to move my money now before it loses value.\u2019\u201d Conversely, when prices rise without that domestic pressure, \u201cdemand tends to cool slightly as many buyers prefer to wait.\u201d<\/p>\n

The recent dip is likely to bring the \u201cinformed buyers\u201d back to the table. <\/strong>\u201cSmall dips rarely trigger panic selling,\u201d Elsawy added. \u201cDemand doesn\u2019t disappear; it shifts to experienced buyers and traders. Households hesitate to sell unless the drop feels meaningful.\u201d<\/p>\n

\n

Egyptians have always flocked to gold, and that\u2019s not great news for the economy<\/p>\n

While gold protects the in<\/strong>dividual<\/strong>, it presents a challenge for the wider economy. <\/strong>\u201cThe rising trend of purchasing and storing gold protects household savings, but it does not contribute to economic growth,\u201d Elsawy said. \u201cWhen a significant share of capital is held in gold, that money becomes passive \u2014 preserved rather than circulated \u2014 which limits its ability to finance business activity, job creation, or capacity expansion.\u201d<\/p>\n

So where\u2019s gold heading in 2026? <\/strong>A Goldman Sachs poll of institutional investors sees the metal hitting USD 5k in the New Year<\/a>. <\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

Until the EGP can compete with the psychological security of the bullion, capital will remain sidelined in the non-productive economy<\/p>\n","protected":false},"author":1,"featured_media":679259,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[317,72,7093,182],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-679258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-commodities","tag-enterpriseam","tag-gold","tag-inflation","wpautop","entry"],"acf":{"mongo_id":"25ef6344-a327-4df1-814a-04431cf62c79","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/563.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Why gold is still a structural hedge for Egyptian households","related_issue":[679246],"teaser":"Until the EGP can compete with the psychological security of the bullion, capital will remain sidelined in the non-productive economy"},"yoast_head":"\nWhy gold is still a structural hedge for Egyptian households - 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The UK-based mining firm was one of 11 companies to land exploration rights to 82 concession blocks in the Eastern\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/327.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567019,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/shalateen-mining-z-gold-resources-partner-up-to-extract-gold-from-three-eastern-desert-concessions\/","url_meta":{"origin":679258,"position":4},"title":"Shalateen Mining, Z-Gold Resources partner up to extract gold from three Eastern Desert concessions","author":"enterpriseam admin","date":"9 January 2020","format":false,"excerpt":"Shalateen Mining and Z-Gold Resources will join forces to search for gold in three Eastern Desert concessions after the two firms signed a partnership agreement, according to Al Mal. Shalateen will control a 53% stake in the Al Sadd, Al Fawakhir, and Atallah concessions while Z-Gold will hold the remaining\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595690,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/egypt-receives-usd-48-2-from-sukari-gold-mine-in-2h2018\/","url_meta":{"origin":679258,"position":5},"title":"Egypt receives USD 48.2 from Sukari gold mine in 2H2018","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"Egypt received USD 48.2 mn in profit share and royalties from Centamin\u2019s Sukari gold mine in 1H2019, the company said in its earnings release (pdf). The Egyptian Mineral Resources Authority (EMRA) received USD 39.4 mn in profit share (unchanged y-o-y), with Centamin paying USD 8.8 mn (down 2% y-o-y) mn\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/679258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=679258"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/679258\/revisions"}],"predecessor-version":[{"id":679299,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/679258\/revisions\/679299"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/679246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/679259"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=679258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=679258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=679258"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=679258"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=679258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}