The Central Bank of the UAE boosted its gold reserves by nearly 26% in the first five months of 2025, increasing the total to $7.9 billion—up from $6.255 billion at the end of 2024. That stockpiling reflects investor demand for stability amid geopolitical and economic turbulence. Meanwhile, gold trading in the UAE has picked up: the price of 22-karat gold in Dubai rose to approximately 391 dirhams per gram, nearing the 400-dirham milestone. The move emphasizes the Emirates’ growing role as both a safe-haven investor and a global gold trading hub—one now ranking second worldwide. 

Source: Arab News