The gold bull run in 2025 has been nothing short of impressive. In just six months, gold prices jumped by 26%, making it one of the best-performing assets globally — and right here in the UAE. In Dubai, the price of 24K gold climbed close to AED 400 per gram, up from around AED 367 earlier this year.
This sharp rise is changing how people buy gold. Gold jewellery sales have slowed, while more investors are turning to gold bars and gold coins. You can feel the shift in Dubai’s Gold Souk, where bullion is now in high demand.
There’s more than one reason behind this strong gold bull run. A weakening US dollar, steady interest rates, and rising geopolitical tensions have all pushed gold higher. Experts say the momentum might continue, especially if global risks remain. Some forecasts suggest prices could climb another 10–15% in the second half of the year.
In the UAE, regional tensions and gold import trends also play a part. Traders are closely watching price levels near AED 412. If things heat up in the Middle East, demand could rise even more, which supports the ongoing gold rally analysis.
We saw a brief dip in late June when 22K gold dropped to AED 370 per gram. That drop gave cautious buyers a chance to jump in.Many turned to gold coins and smaller bars to enter the market without overspending.
Looking ahead, the gold bull run 2025 depends on a few things — whether inflation cools, whether rate cuts arrive, and whether central banks keep buying. So far, the technical signals look strong. Charts show a positive trend, with indicators like RSI and MACD pointing upward.
Want to keep up with UAE gold prices? Check the latest updates here.
