Wednesday 11/March/2026 – 07:18 PM
Nadi Naguib, a member of the Jewelry Division, said: Silver market It is witnessing a state of stability in the buying and selling movement during the current period, confirming that the demand for it has become moderate compared to some other markets.
Stability of the silver market and increased demand for it
Naguib explained in a statement to Cairo 24 that many citizens have begun to buy silver and silver bullion as a less expensive alternative to gold, especially in light of the rise in gold prices during the recent period.
The member of the Jewelry Division added that some young people are also turning to buying silver instead of gold, pointing out that despite the relatively high price of silver, the buying and selling movement is still stable and there is no recession.
According to the latest update, silver prices in the local markets today are as follows:
- A gram of pure 999 silver reached about 148 pounds for sale and 143 pounds for purchase.
- The price of a gram of 925 silver reached about 137 pounds for sale and 132.5 pounds for purchase.
- As for a gram of 900 karat silver, it was recorded at about 133.25 pounds for sale and 128.75 pounds for purchase.
- While a gram of 800 karat silver recorded about 118.5 pounds for sale and 114.5 pounds for purchase.
