Editing Openai/680a0dde-68c8-8006-9c40-9c5f8fa9ba97 (section)

=== Assistant: You're correct in observing that gold prices in Egypt have experienced a significant surge since December 2022. ===
You're correct in observing that gold prices in Egypt have experienced a significant surge since December 2022. Here's a detailed comparison between gold and real estate investments in Egypt over the past year:

===== - December 2022: The price of 24K gold was approximately '''EGP 1,424.50 per gram''' on December 1, 2022. Bullion Rates<ref>{{cite web|title=Bullion Rates|url=https://www.bullion-rates.com/gold/EGP/2022-12-history.htm|publisher=Bullion Rates|access-date=2025-11-14}}</ref> =====
* April 2025: As of April 1, 2025, the price had risen to around '''EGP 5,072.59 per gram'''. Bullion Rates<ref>{{cite web|title=Bullion Rates|url=https://www.bullion-rates.com/gold/EGP/2025-4-history.htm|publisher=Bullion Rates|access-date=2025-11-14}}</ref>

This represents an increase of approximately '''256%''' over this period.

===== - Commercial Real Estate: Between 2023 and 2024, commercial and administrative real estate prices in Egypt increased by '''20% to 40%'''. This rise was driven by factors such as higher construction costs, exchange rate liberalization, increased bank interest rates, and growing demand for commercial properties that offer recurring monthly returns for investors. Dailynewsegypt<ref>{{cite web|title=Dailynewsegypt|url=https://www.dailynewsegypt.com/2024/09/25/sharp-rise-in-commercial-administrative-real-estate-prices-in-egypt-driven-by-strong-demand-limited-supply/|publisher=dailynewsegypt.com|date=2024-09-25|access-date=2025-11-14}}</ref> =====
* Residential Real Estate: The residential real estate market in Egypt is projected to grow at a '''Compound Annual Growth Rate (CAGR) of 10.96%''' from 2025 to 2030. Mordor Intelligence<ref>{{cite web|title=Mordor Intelligence|url=https://www.mordorintelligence.com/industry-reports/residential-real-estate-market-in-egypt|publisher=Mordor Intelligence|access-date=2025-11-14}}</ref>

While real estate has shown steady growth, the returns have been more moderate compared to the significant surge in gold prices.

===== - Gold: The substantial increase in gold prices suggests that it has been a highly profitable investment over the past year. However, it's essential to consider that gold prices can be volatile and are influenced by various global economic factors. =====
* Real Estate: Real estate offers the advantage of generating rental income and potential long-term appreciation. The growth in this sector has been steady, making it a relatively stable investment, albeit with more modest short-term returns compared to gold.

In summary, gold has outperformed real estate in terms of short-term returns over the past year in Egypt. However, real estate remains a valuable asset for long-term investment and income generation.

If you need further assistance or more detailed information on these investment options, feel free to ask!