The Central Bank of the UAE (CBUAE) reported a 25.899% increase in gold reserves during the first five months of 2025. Holdings rose to AED28.933 billion at the end of May, up from AED22.981 billion at the close of December 2024.
On a monthly basis, gold reserves grew 0.49% in May, up from AED28.791 billion at the end of April, highlighting a steady accumulation strategy.
Growth in Deposits
CBUAE statistics revealed that demand deposits surpassed AED1.166 trillion by the end of May, compared to AED1.109 trillion in December 2024. This includes AED892.577 billion in local currency and AED274.329 billion in foreign currencies.
Meanwhile, savings deposits climbed to AED359.57 billion, up from AED317.48 billion at year-end 2024, with AED305.508 billion in local currency and AED54.062 billion in foreign currencies.
Time deposits also recorded a milestone, exceeding AED1 trillion for the first time by May 2025. These include AED614.854 billion in local currency and AED398.348 billion in foreign currencies, signalling increased confidence in long-term financial planning.
Financial Stability and Investor Confidence
The combined rise in gold reserves, demand deposits, and time deposits underscores the UAE’s robust financial foundation and ongoing investor confidence. By steadily increasing reserves and diversifying holdings across currencies, the CBUAE continues to strengthen the country’s economic resilience.
