In the near future, gold prices could rise significantly in the UAE. Gold prices could hit record levels by 2026, according to some of the leading financial institutions in the world. This would be one of the most expensive periods for UAE investors and shoppers.
The Global Rise in Gold Prices
A number of major banks revised upwards their projections for gold prices in the coming two years. Deutsche Bank, for example, predicts that gold will rise to “close to $5,000 an ounce” by 2026. This is equivalent to approximately Dh589 a gram. More conservative estimates place the price at Dh525/gram.
Gold’s recent rise is due to several factors. Gold has been outperforming the US Dollar, while global economic uncertainties have increased its appeal. Gold is a popular safe-haven investment because of rising government debts, currency worries, and geopolitical tensions.
This outlook is shared by other major banks. Goldman Sachs raised their target for 2026 to $4,900 an ounce. Bank of America is expecting $5,000 per ounce. HSBC has also projected similar highs. TD Securities predicts that gold will reach around $4,400 an ounce or approximately Dh519 per gram. The predictions show that global financial institutions are in agreement: Gold prices will rise.
Central Banks Are Leading Demand
Central banks around the world are buying more gold, which is driving up the price. The countries are increasing ng gold reserves to hedge against economic uncertainties and reduce their reliance on US dollars.
Deutsche Bank forecasts central bank purchases to increase from 853 tons in 2025 up to 1,053 tons in 2026. The heavy purchases limit the gold that is available for ordinary consumers, tightening up the market and driving prices higher.
The Supply of Goods is Growing Slowly
The global gold supply is increasing at a much slower rate than the demand. In 2026, the mine production will only increase slightly. Recycling gold is another source of important source that remains lower than previous levels.
Prices tend to increase or remain stable when demand is higher than supply. The imbalance between high supply and high demand is one of the main reasons why gold prices could hit record levels in the UAE and worldwide.
The UAE Shopping Experience
These forecasts suggest that gold prices in the UAE may reach:
- Dh466 per kilogram at the lowest end
- Dh525 per kilogram in the anticipated scenario
- Dh589 per Gram if Prices Approach $5,000 Per Ounce
The UAE has never seen gold prices so high. Gold investments, jewellery, weddings, and budgets could all become more costly.
Gold buyers who plan to buy in the future – for gifts, weddings, or savings over time — may want to consider making their purchases sooner. If the trend of rising prices continues into 2025 or 2026, waiting too long could result in paying higher prices.
The appeal of gold despite rising prices
In uncertain times, gold has been viewed as a secure asset. Gold is a good investment in the current economic climate, which includes rising debts of governments, fluctuating currencies, and tensions around the world.
The continued purchases by central banks add to market confidence. Gold is a good way for investors to protect their wealth in volatile markets. Gold is also a culturally significant item for shoppers from the UAE. It’s often purchased as gifts or long-term investments, but it can be used to celebrate weddings.
UAE buyers’ tips
- You can save money by buying gold sooner rather than later. Prices are rising.
- Comparing Prices: Compare prices at multiple jewellers or online platforms.
- Consider Buying Small Quantities: By purchasing smaller quantities over a period of time, you can manage your costs.
- Keep up to date: monitor global gold trends, central bank purchases, and price fluctuations.
The Bigger Picture
Predicted increases in gold are part of an overall global trend. Gold prices are expected to rise due to the strong demand of central banks and the slow supply growth.
Gold may be more expensive both for investors and daily buyers in the UAE. Wedding budgets may be increased, and gold coins or bars for saving may need to be purchased in larger quantities, as well.
You can also read our Quick Takeaways
- By 2026, gold in the UAE may reach Dh589 a gram.
- Several major banks agree that the price of goods and services will increase.
- The central bank’s purchases of commodities are the main driver for higher prices.
- Price increases are supported by a slow growth in supply and a high demand.
- UAE consumers should consider planning their purchases and investing early.
Gold prices will likely rise in the coming two years, according to the world of finance. Understanding these trends will help you to make more informed choices, whether you’re an investor or a regular shopper. Early planning, market monitoring, and early action could result in significant savings.
The gold has been used as a sign of tradition, wealth, and security for centuries. The next few years will be critical for UAE buyers looking to maximize their savings while maintaining value.
Related Blog: Gold Souk Abu Dhabi – Where Tradition Meets Luxury
Last modified: December 5, 2025
