Investors in UAE shift from cash to gold bars

Cash allocations in UAE portfolios fall to just 13% — the lowest globally

- BY MANOJ NAIR

Hold more gold, and less cash. High-net-worth investors in the UAE are doing just that, with gold becoming a favoured part of their portfolios over the first six months of 2025. And they are doing it by reducing their cash allocations.

In fact, “cash allocations in UAE portfolios have plummeted to just 13 per cent — the lowest globally and well below the 20 per cent global average,” says a new report from HSBC's 2025 Affluent Investor Report.

These investors are moving “decisively” to put their cash to work.

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