The city lies at the foot of the eastern slope of the Jahorina mountain at a height of 345 m (1,132 ft) above sea level.

Near Goražde stands the Eastern Orthodox Church of Saint George, built in 1454 by Stjepan Vukčić Kosača for his wife.

Aside from a few ancestral inhabitants, the Muslim population began to come in great numbers to Goražde and its surroundings in the 17th century.

Due to its geographical position on the border Goražde was during World War I one of the main strongholds of Austria-Hungary used against Serbia and Montenegro.

Since then Goražde's industry has been systematically developing, its main branches being manufacturing, building, transport, trade and crafts.

After air strikes against Serb tanks and outposts and a NATO ultimatum, Serbian forces agreed to withdraw their artillery and armored vehicles 20 km (12 mi) from the town.

The remaining troops, who were stationed on the east bank, managed to slip away and helped Bosniak reinforcements to prevent Bosnian Serbs from taking a key hill overlooking the town.

This action is credited with saving the town from suffering the same fate of Srebrenica, where the Bosnian Serbs continued the siege after the failed attempt.

The surrounding region of Goražde is composed of Paleozoic and Permian shales, sandstones and carbon sedimentary rocks.

The 1992–1995 siege of Goražde is the subject of several books, two of which are available in English; both underline the mixture of brutality and humanity that punctuated the era.

[8][9] Safe Area Goražde is a graphic novel by Joe Sacco, a reporter who visited the besieged town several times during that period.

Richardson is a former Fleet Air Arm pilot who was shot down in the region of Goražde during a NATO bombing mission.

He spent several weeks inside the city and mentions the conditions and daily shelling the residents and UN forces faced.

[11] Goraždans from the past (Goraždani iz prošlog vremena) by Hajrudin Somun, Sarajevo: Dobra knjiga, 2022.

[12] Local football club FK Goražde play in the Bosnian second tier — First League of the Federation of Bosnia and Herzegovina and host their games at the Stadion Midhat Drljević.

Goražde is twinned with:[13] Una-Sana  Central Bosnia Posavina  Herzegovina-Neretva Tuzla  West Herzegovina Zenica-Doboj  Sarajevo Bosnian Podrinje Canton 10