The Central Bank of the United Arab Emirates reported a sharp rise in gold reserves at the start of 2026, reaching a new record level.
Gold reserves rise
The bank said its gold holdings increased by 13.6 percent in January to Dhs43.051 billion, up from Dhs37.902 billion at the end of December 2025. This marks an increase of Dhs5.149 billion in one month, according to its latest statistical bulletin.
On an annual basis, gold reserves grew by more than 75 percent, rising by about Dhs18.48 billion compared to Dhs24.571 billion recorded at the end of January 2025.
Deposit trends
The data also showed a slight decline in demand deposits, which stood at Dhs1.255 trillion at the end of January, compared to Dhs1.264 trillion a month earlier.
Savings deposits increased to Dhs413.568 billion, up from Dhs400.51 billion in December.
Time deposits also recorded growth, reaching around Dhs1.186 trillion at the end of January, compared to Dhs1.165 trillion at the end of the previous month.
The figures were released as part of the central bank’s monthly statistical bulletin, which tracks key financial indicators across the UAE banking sector.
