Silver's strong rally globally could create ripples in UAE jewellery market

Supply squeeze and green tech demand spark gains that may reach UAE consumers

- BY JUSTIN VARGHESE

Silver is fast becoming one of the most watched commodities of 2025, and UAE investors, jewellery buyers, and electronics shoppers may all feel the impact.

After a strong rally that has taken global prices to their highest levels in 14 years, the outlook remains tilted towards further gains — driven by tight global supply, strong demand from green technologies, and renewed investor interest.

As of early August, silver is trading near $36.60 (USD/oz), down from recent highs of $39. The price is attempting to stabilise after a sharp selloff, but remains well above levels seen in recent years.

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