July 14, 2025
World

UAE Gold Exports Reach $53.4 Billion in 2024-25: Key Buyers Revealed

  • July 2, 2025
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UAE Gold Exports Reach $53.4 Billion in 2024-25: Key Buyers Revealed

The United Arab Emirates has solidified its position as a pivotal player in the global gold market, with exports reaching an impressive Dh196 billion ($53.4 billion) during the fiscal year 2024-25. This achievement underscores the UAE’s strategic geographical advantage, nestled between Asia, Africa, and Europe, which facilitates its role as a major trading hub. The country’s gold exports encompass a wide range of products, including bars, coins, and jewelry, catering to diverse international markets. Switzerland, the United Kingdom, and India have emerged as the leading importers of UAE gold. These nations are drawn to the UAE’s diverse offerings and its reputation for quality and reliability in gold trade. Switzerland’s longstanding tradition in refining and trading precious metals makes it a natural partner for the UAE. Meanwhile, the UK’s robust financial sector and India’s cultural affinity for gold further drive demand. The UAE’s strategic location not only enhances its accessibility to key markets but also allows it to leverage its advanced infrastructure and regulatory framework to attract global buyers. This positioning has enabled the nation to become a critical node in the international gold supply chain. The diversity of products exported by the UAE—from raw gold bars to intricately designed jewelry—ensures that it meets the varied preferences of its international clientele. This adaptability is crucial in maintaining its competitive edge in a dynamic global market. As global demand for gold continues to fluctuate due to economic uncertainties and geopolitical tensions, the UAE’s role as a reliable supplier remains vital. Its ability to navigate these challenges while expanding its market reach highlights its importance in the global economy.

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