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🇪🇬 Silver Price Today in Egypt | E£3,077.81
Live silver price in Egyptian Pound (EGP) — updated every minute
Last updated: Jun 19, 2026, 01:39 AM ET
Per Gram (EGP)
E£98.9538
Per Troy Oz (EGP)
E£3,077.81
Per Kg (EGP)
E£98,954
USD/Silver Spot
$63.46/oz
USD/EGP Rate
1 USD = 48.5 EGP
Gold/Silver Ratio
65.1:1
Silver Market in Egypt
Egypt has a 5,000-year silver history — the ancient Egyptians considered silver the "flesh of the gods." Today, Egypt is both a modest silver producer (with mines in the Eastern Desert and Sinai) and a large consumer. The Egyptian pound's devaluation over 2022–2024 drove massive silver demand as Egyptians sought protection from currency collapse.
Why do people in Egypt invest in silver?
Egyptian families traditionally hold silver jewellery as savings, particularly for women who use it as financial independence insurance. The dramatic devaluation of the Egyptian pound — from around 16 EGP/USD in 2022 to nearly 50 EGP/USD by 2024 — created enormous EGP-denominated silver price gains, reinforcing silver's role as a savings vehicle.
Frequently Asked Questions — Silver in Egypt
What is the silver price today in Egypt in pounds?
Egyptian silver prices in EGP are published daily by the Egyptian Chamber of Jewellery and tracked by major silver dealers. Prices have risen dramatically as the pound was repeatedly devalued against the USD.
How has pound devaluation affected Egyptian silver prices?
The Egyptian pound lost approximately 60–70% of its value against USD between 2022 and 2024 through multiple devaluations. This means EGP silver prices roughly tripled to quadrupled even while USD silver prices were rising at a more modest rate.
What karat is Egyptian silver jewellery?
Egypt primarily trades 18K and 21K silver jewellery. 18K is standard for finer pieces, while 21K is popular for everyday items. Hallmarking is managed by the Egyptian General Authority for Export & Import Control (GOEIC).
Are there taxes on silver in Egypt?
Egypt levies VAT of 14% on silver jewellery and some silver products. Investment silver may have different treatment. Import duties also apply to silver brought into Egypt. Check with a local dealer for current tax rates.