The Egyptian silver market experienced stable prices on Sunday, November 15, 2026, with various purity grades showing different rates. The 999 purity grade, considered the highest in terms of purity, was priced at 90.5 EGP per gram. Meanwhile, the 925 grade was at 84 EGP per gram, and the 900 grade at 81.5 EGP per gram. The 800 grade, with 80% purity, was priced at 72.5 EGP per gram.
A silver pound was sold for 672 EGP. The diverse range of products available in the market, including jewelry, bars, and coins, has attracted increased attention from consumers and dealers. The relatively lower purchasing value of silver compared to gold makes it an accessible option for a wider range of citizens. This accessibility has contributed to the growing interest in the silver market.
The prices of silver vary based on the purity level and the amount of pure metal in each grade. The 999 grade has a purity of 99.9%, making it a popular choice for investment and bars. On the other hand, the 925 grade, with 92.5% purity, is widely used in the production of jewelry and ornaments. The 900 grade has a purity of 90%, while the 800 grade contains 80% pure silver.
The differences in purity levels significantly impact the final cost of silver products. As a result, consumers have various options to choose from, depending on their budget and preferences. The versatility of the silver market, offering products such as bars, coins, and jewelry, allows individuals to invest or purchase silver in a way that suits their needs.
Market participants closely monitor the fluctuations in silver prices, both locally and globally, as the metal is influenced by international market trends and supply and demand dynamics. The use of silver in various industries, including electronics and solar energy, adds to its significance beyond traditional applications in jewelry and ornaments.
The interest in silver as an investment and consumer good is growing, driven by its relatively affordable price compared to gold. This has led to an increase in the number of people investing in or buying silver products. The market's diversity and the metal's industrial applications contribute to its appeal.
Silver's role in the market is multifaceted, serving as a valuable resource for both investors and consumers. Its use in various sectors, combined with its aesthetic value, positions silver as a unique asset in the Egyptian market. As the market continues to evolve, silver is likely to remain a popular choice for those looking to invest or purchase precious metals.
Key points
- Silver prices in Egypt have stabilized, with the 999 purity grade at 90.5 EGP per gram.
- The market offers a range of products, including bars, coins, and jewelry, catering to different consumer needs.
- Silver's industrial applications and aesthetic value contribute to its growing appeal in the Egyptian market.
