Silver Price in Egypt Surges: Why Investors Are Turning to the White Metal After Gold Rally

Silver Price in Egypt Surges: Why Investors Are Turning to the White Metal After Gold Rally

The historic rally in gold prices has redirected investor attention toward the silver price in Egypt, which has become a major focus in 2025.

As gold reached record highs, many investors began seeking lower-cost alternatives with strong return potential, positioning silver as an attractive option.

The silver price in Egypt has surged by more than 80% since the beginning of January 2025, with pure silver (99.9%) rising to around EGP 93.79 per gram, up from approximately EGP 51.20 at the start of the year.

This sharp increase reflects silver’s exceptional performance in global markets.

Globally, silver has posted gains exceeding 100% this year, surpassing $64 per ounce, supported by supply shortages and strong industrial demand from renewable energy and electric vehicle sectors.

These global dynamics have directly influenced the silver price in Egypt, which is closely tied to international prices and exchange rates.

Market experts note that soaring gold prices have prompted many retail investors to shift toward silver bars and coins as affordable, liquid savings instruments with lower manufacturing costs compared to gold jewelry.

Industry analysts highlight that local investment demand is currently the main driver behind rising silver prices in Egypt, while industrial demand remains limited but is expected to grow as the country attracts more foreign investment into green and advanced industries.

On the global stage, industrial use accounts for nearly 60% of total silver demand, while mine production continues to face structural deficits, reinforcing expectations of sustained upward pressure on prices.

Against this backdrop, silver is increasingly becoming a core component in Egyptian investment portfolios, offering a balance between affordability and return potential amid the widening price gap with gold.