Emirates NBD Launches Silver Bars as Investor Demand for Precious Metals Grows

Emirates NBD has introduced a new range of silver bars, expanding its precious metals portfolio amid rising demand for diversified and non-correlated investment options.

Dubai’s largest bank said the silver bars will be offered in denominations of 100g, 250g, 500g and 1,000g, giving both retail and high-net-worth investors access to physical silver in varying sizes. The bars are produced in high-purity silver, graded at 999.0 and 999.9, and carry the Emirates NBD hallmark to ensure authenticity and quality.

The move reflects a broader push by financial institutions to widen their product offerings and attract new investors. Interest in silver has climbed sharply following a strong rally in prices. Silver rose by more than 130 per cent last year, more than double the gain recorded by gold, which increased by over 60 per cent. The surge has prompted investors to look more closely at silver as part of their wealth preservation strategies.

The bank’s latest launch builds on the introduction of “Emirates NBD Gold” in December 2025, described as the UAE’s first bank-branded gold bar for investors. The gold product has seen robust demand since its debut, reinforcing Dubai’s role as a regional hub for bullion trading.

Ahmed Al Qassim, group head of wholesale banking at Emirates NBD, said the bank is responding to a global shift toward hard assets. “As we see a shift toward hard assets globally, Emirates NBD is uniquely positioned to bridge the gap between wholesale market depth and retail accessibility, ensuring our clients have the most robust tools for wealth preservation,” he said.

Ammar Al Haj, group treasurer and head of global markets at Emirates NBD, said the silver bars would allow customers to invest in physical metal through a trusted banking institution. “The new product will enable customers to invest in physical silver securely through a trusted banking institution. As demand for real assets continues to grow, silver has emerged as an effective diversification solution. This offering will be delivered with the scale, transparency, innovation and governance that define Emirates NBD,” he said.

The introduction of silver bars comes at a time when investors are seeking assets that are less closely tied to equity and bond markets. By adding silver to its branded bullion range, Emirates NBD is aiming to meet that demand while strengthening its position in the region’s precious metals market.