CBUAE's gold reserves reach AED20.36 billion by end of April 2024

ABU DHABI, 15th July, 2024 (WAM) -- The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED20.36 billion by the end of April 2024, marking a year-on-year (YoY) growth of around 12 percent from AED18.147 billion in April 2023.

The apex bank, in its latest figures released today, showed that gold reserves increased by 3.5 percent on a monthly basis from AED19.615 billion in March 2024.