Page 41 - SALIK PR REPORT FEBRUARY 2024

Gold prices in the UAE are expected to rise or stay on the higher side in
2024 as interest rates will come down, pushing funds to commodities.
Economic and geopolitical uncertainty tend to be positive drivers for gold,
which is widely seen as a safe-haven asset due to its ability to remain a
reliable store of value.
The conflict in the Middle East, the Red Sea attacks, the Russia-Ukraine
war and uncertainty from elections in major economies, and central bank
purchases led by China will also boost precious metal bullion's appeal in
2024, analysts predicted.

6. Standard of living

https://www.khaleejtimes.com/uae/uae-6-things-that-will-cost-residents-more-in-2024