Gold and silver prices in ascending path

With President Trump winning the US elections and declining geopolitical tensions by the end of 2024, financial markets and global goods are preparing to start a new chapter. In the United Arab Emirates, expectations indicate an ascending path for gold and silver prices, while it seems that diversification efforts are working to reduce the grip of oil revenues on the national economy. Below is an overview of the expected main trends of gold, silver and oil in the basic commodity market in the Emirates in the coming months in the light of recent developments.
The price of gold has risen to more than 11% in 2025 so far, recording its highest levels near $ 2950 an ounce, pushing upward risk capabilities to more than $ 3,000 an ounce with the impact of Trump’s policies on the state of global fog in the markets of commodity, currencies and stocks.
In this regard, Razan Hilal, the market of the market in Forex.com, says: “Taking into account the UAE’s preference for tax -exempt gold investments, in addition to its participation in the Brexes +Group, and the connection to the largest gold producers in the world between Russia, China and India, the annual demand for alloys and coins in the region increased by 15 % between 2023 and 2024 from 11.5 to 13.3 tons according to the gold council The global, and about 20 to 30 % of the total gold circulating globally every year via Dubai, according to the Dubai Multiple Commodities Center, “adding:” These standards are expected to increase if global inflation and geopolitical concerns continue in 2025. “
It is also expected that the demand for silver will grow in 2025, with the United Arab Emirates’s great investments in technology, artificial intelligence and renewable energy. In addition, major economies – especially China – are increasingly importing silver to support its technological and industrial production, which may positively affect the long -term width and pricing trends.
Hilal adds: “In order for silver to continue its height about 37 and 40 dollars, it must secure a clean closure above 35 dollars. Achieving this achievement may enhance investor interest and trading volume in the region, with the support of favorable tax policies and advanced trading platforms in the financial technology sector.”
It is expected that revenue from investments, including real estate, technology and tourism, will support the flexibility of the region, especially since these sectors constitute the cornerstone of the various economic plan of the UAE.
“The Emirati MSCI index is currently scoring a remarkable growth exceeding its highest level in June 2022 and exceeding the mark of 17 points, which reflects the strength of the region in general and the various economic strategy works to reduce potential risks,” Razan Hilal added.
According to the Emirates News Agency “WAM”, the Emirates non -oil trade is expected to grow with 10 largest global partners by 10%, while trade with other countries grows by 19.2% in 2024 compared to 2023.
Among the most important reasons behind this standard commercial performance is the increase in non -oil commodities exports to 561.2 billion dirhams in 2024. The value of non -oil exports under comprehensive economic partnership agreements reached 135 billion dirhams, a growth of 42.3%, representing 24% of the total non -oil exports. This confirms the positive impact of economic diversification efforts on the macroeconomic economy.