Khaberni - Recent data issued by the World Gold Council shows an increase in demand for gold for «investment purposes» in the UAE market during 2025 compared to 2024.
The council stated in data accessed by «Emirates Today» that the demand for gold in the country amounted to 14.8 tons of gold bullion and coins, which are typically used for savings and investment, compared with 13.5 tons during 2024, while the demand for gold bullion and coins in the fourth quarter alone recorded 4.2 tons.
According to the data from the World Gold Council, the volume of demand for gold for «decorative purposes» in the country last year was 29.4 tons, while the fourth quarter alone saw 7.5 tons.
Gold reached record prices during 2025 and early 2026, with «Deutsche Bank» and «Société Générale» predicting gold prices might reach 6000 dollars per ounce during the current year, highlighting prospects for further gains.
«Deutsche Bank» said: «According to alternative scenarios, the price per ounce might actually be more in line with the extremely strong performance over the past two years at 6900 dollars».
