DUBAI: Gold is having a moment, again. Because when the world gets messy, investors reach for the metal that never flinches.
The Central Bank of the UAE increased its gold reserves by nearly 26 percent in the first five months of 2025, bringing total holdings to $7.9 billion, as global economic uncertainty and geopolitical tensions continue to drive demand for safe-haven assets.
According to data released by the central bank in its May 2025 bulletin, gold reserves rose from $6.255 billion at the end of 2024, making it one of the most significant increases in recent years.
The move aligns with a global trend of increased gold accumulation by central banks amid rising inflation, currency volatility, and geopolitical risks.
The UAE’s reserves growth comes alongside a surge in international gold prices, which have increased approximately 33 percent year-to-date, reaching a record high of more than $3,500 per ounce.
