A. SREENIVASA REDDY (ABU DHABI)

The gold bullion reserves of the Central Bank of the UAE (CBUAE) stood at Dh40.82 billion at the end of April 2026, up 41.8% from Dh28.79 billion at the end of April 2025, according to the latest CBUAE data.

The April figure also represented a month-on-month rise of 2% from Dh40 billion at the end of March 2026. In value terms, the CBUAE’s gold bullion holdings increased by Dh812 million during April.

The data showed that the central bank’s gold bullion reserves have risen significantly over the past year, despite some month-to-month fluctuations. The reserves were broadly stable during the first four months, moving from Dh28.79 billion in April 2025 to Dh28.93 billion in May, Dh28.88 billion in June and Dh29 billion in July.

The pace of increase picked up from August 2025, when gold bullion reserves rose 4.6% month-on-month to Dh30.33 billion. They increased further to Dh33.54 billion in September, a rise of 10.6%, before climbing 5.1% to Dh35.25 billion in October and 5.8% to Dh37.29 billion in November.

By the end of December 2025, the reserves stood at Dh37.90 billion. They then rose sharply to Dh43.05 billion in January 2026, up 13.6% month-on-month, and reached Dh46.44 billion in February, the highest level shown in the table.

Gold bullion reserves fell 13.8% month-on-month to Dh40 billion in March 2026, before recovering to Dh40.82 billion in April. Despite the March decline, the April 2026 figure remained 7.7% higher than the level recorded at the end of December 2025.