🇪🇬EgyptNorth Africa
Gold fund assets in Egypt reach LE 9.28 billion driven by retail investors
via Egypt Today19 hours ago2 min read
Reports from Egypt's Financial Regulatory Authority indicate that the total net asset value of gold investment funds reached approximately LE 9.28 billion by the end of March 2026, distributed among about 289,000 accounts. Individual investors hold 72 percent of these accounts, with institutions holding the remaining 28 percent. Among individual investors, men constitute 83 percent of accounts, while women represent 17 percent. The 20 to 30 age group is the most active, accounting for 39.8 percent of total accounts. There are currently six gold investment funds listed in the market, offering a flexible investment option for those seeking to invest in gold without physical possession. This growth is attributed to global economic uncertainty, reinforcing gold's role as a safe-haven asset.
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Original source
This summary was AI-generated from a story originally published by Egypt Today.
