emirates7 - The Central Bank of the United Arab Emirates (CBUAE) increased its gold reserves by 25.899% during the first five months of 2025, reaching AED 28.933 billion at the end of May, up from AED 22.981 billion at the end of December 2024.

According to the CBUAE’s latest statistical bulletin, gold holdings grew 0.49% month-on-month in May, following AED 28.791 billion at the end of April.

The statistics also showed a rise in demand deposits, which exceeded AED 1.166 trillion by the end of May, compared to AED 1.109 trillion in December 2024. Of this total, AED 892.577 billion was in local currency and AED 274.329 billion in foreign currencies.

Savings deposits increased to AED 359.57 billion at the end of May, up from AED 317.48 billion in December 2024, comprising AED 305.508 billion in local currency and AED 54.062 billion in foreign currencies.

Time deposits surpassed AED 1 trillion for the first time by the end of May, including AED 614.854 billion in local currency and AED 398.348 billion in foreign currencies.