Summary: in recent days, investors in the United Arab Emirates have significantly shifted their funds from cryptocurrencies to safe assets like gold and...
in recent days, investors in the United Arab Emirates have significantly shifted their funds from cryptocurrencies to safe assets like gold and silver. This change is due to the severe volatility and depreciation of cryptocurrencies. Wael Makarem, a senior financial market strategist at Exness, stated in an interview with Khaleej Times, "Investors are looking to recover their losses from cryptocurrencies and hope that by investing in gold and silver, they can avoid the volatility and risks present in the cryptocurrency market." This shift in investors' portfolios has clearly coincided with the rising prices of precious metals. While Bitcoin has sharply fallen after reaching its all-time high in October 2025, gold and silver have reached their highest prices in 2026. Gold has surpassed $5,500, and silver has reached $120 per ounce. Wael Makarem also warned that it is unclear how long this portfolio shift will continue, and the cryptocurrency market may still experience more volatility. Meanwhile, financial institutions believe that strong purchases by central banks and the reduction of the Federal Reserve's interest rates have contributed to strengthening gold prices. In this situation, many investors are looking for ways to preserve their capital, and this change in pattern indicates a fundamental shift in their attitude towards cryptocurrencies and precious metals.