Dubai jewellers say early buyers tripled gold investments

Thu June 11 2026

Who gained most?: Jewellers claim early investors in Dubai gold have tripled their money over three years, though figures are based on industry observations, not independent data.

Why the shift?: Gen Z buyers increasingly see gold as a safe, long-term store of value, driving demand for bars, coins, and lighter jewellery pieces.

What’s next?: Future demand hinges on global economic trends, geopolitical stability, and gold price movements, with current buyers balancing tradition with affordability.

Dubai jewellers claim early buyers tripled gold investments

Jewellers in the UAE say that customers who bought gold roughly three years ago have seen up to threefold returns, reflecting a period of strong price appreciation. This performance has been underpinned by sustained gains in global gold prices amid economic uncertainty and safe-haven demand. While these accounts illustrate notable past gains, they stem from retail market observations rather than comprehensive investment data. The Indian Express + 1

Younger buyers drive new investment trends

A growing number of Gen Z consumers in the UAE are purchasing gold as a long-term investment, with interest in bars and coins complementing traditional jewellery. This generational shift is influenced by global market instability and gold's reputation as a hedge against inflation. The trend aligns with broader global patterns of younger investors seeking tangible, stable-value assets.

Dubai’s strategic role in the global gold market

Dubai continues to be a pivotal hub for gold refining, trading, and distribution, offering competitive pricing due to low taxes and making charges. In 2025, 24K gold prices rose about 63.5%, and early 2026 saw record highs, supported by geopolitical risks, central bank purchases, and expectations of lower US interest rates. These dynamics reinforce Dubai's influence on global gold trade flows and pricing.

Forecasts point to potential recovery

Gold prices have recently dropped 28% from January peaks, but analysts see potential for recovery depending on monetary policy and geopolitical developments. A dovish US Federal Reserve stance or easing tensions could lift prices toward $4,200–$4,300 in the short term, while bullish scenarios project up to $5,800 per ounce. Nonetheless, elevated volatility and macroeconomic uncertainty remain key factors shaping the outlook.

Source: https://www.msn.com