UAE’s gold holdings have increased rapidly in 2025, indicating flexible financial speed, with extensive-based growth in deposits and banking assets. The latest data of the Central Bank reflects the continuous power in local and foreign exchange positions, even in global gold prices seem a little dip among the alert American monetary policy signals.
UAE Gold Reserve See fast growth in 2025
By the end of May 2025, the Gold Reserve of the UAE Central Bank was at 28.93 billion dirhams ($ 7.9 billion) – marks an increase of 25.9% in just five months.On a monthly basis, the reserves also increased, increased from 28.65 billion Dirham to 28.79 billion in May, which reflects 0.49% upper.In Gold Holdings, it continued efforts to diversify its reserved assets and to continue efforts to prevent global financial instability in Gold Holdings.
Deposit base spreads throughout the board
Central Bank’s bulletin also saw significant increase in demand, savings and time depositsdemand deposits
- The total demand deposits exceeded 1.16 trillion Dirham by May-August, about 1.10 trillion from Dirham of 2024.
- Of this zodiac:
- 892.57 billion Dirham was held in local currency
- 274.33 billion dirhams were in foreign currency
Savings deposit
- In December 2024, 317.48 billion Dirham increased to 359.57 billion dirham by May 2025
- Breakdown:
- 305.51 billion dirham in local currency
- 54.06 billion dirham in foreign currency
Time deposit
- Crossed 1 trillion Dirham Threshold for the first time till May-end
- composition:
- 614.85 billion dirham in local currency
- 398.35 billion in foreign currency
The rapid increase in all deposit types is supported by strong belief in the domestic banking system, healthy liquidity level and deposit diversification.
Property and regional trends of banking sector
The UAE’s banking sector continued to expand. By April 2025, the total banking property – including the acceptance of bankers – 0.6%increased, 4.75 trillion reached Dirham.This growth was supported by two major drivers:
- A continuous demand for credit
- Auxalized growth
Across the Gulf region, banking trends diverse:
- Kuwait recorded an increase of 6.7% year-on-year in total banking assets, reaching 93.5 billion Kuwaiti Dinar ($ 303 billion) in March.
- Saudi Arabia saw an increase of 7.4%, with banking property climbing on SR5.3 trillion ($ 1.41 trillion) in April
- Qatar recorded a 0.1% monthly decline, with total banking assets to 2.07 trillion riyals ($ 559 billion), roughly due to weak domestic holdings
Global gold prices dip Fed Keeps rates stable
While the UAE’s gold reserves increased, global gold prices experienced a slight decline amid signs of the US Federal Reserve.
- As a Saudi time on Thursday at 11:02 pm, Spot Gold slipped to 0.2%, priced at $ 3,340.09 per ounce
- US gold futures also fell 0.2%to $ 3,382.30 for December delivery
The DIP followed the release of minutes from the Fed’s July meeting, which revealed the widespread consensus to maintain interest rates at the existing levels. Only a minority of policy makers favored the rate cut.Although Fed has stabilized the rates since December 2024, investor Bhavna bends 81% of a quarterly-point cut by September based on CME’s Fedwatch tool.Markets are now fed the speech of Fed Chair Jerom Powell at the Jackson Hole Seminar (August 21-23), where he can clarify the stance of the fed – balance between supporting labor markets and controlling inflation.
