Dubai – May 28, 2025
The price of saffron, often referred to as red gold, has seen a noticeable decline following the latest developments in diplomatic negotiations between Iran and the United States.
The talks have led to renewed optimism in the market, with expectations of economic easing and better trade flow conditions that are directly influencing saffron pricing.
According to a report published by Iranian financial outlet Bourse News, discussions surrounding sanctions relief and increased trade access have also led to more balanced dynamics between saffron supply and demand.
The UAE saffron market is expected to benefit from these shifts, with lower import prices and improved availability of Iranian saffron. Businesses in Dubai, especially those in the hospitality, herbal, spice, and food distribution sectors, may find this an opportune time to secure new stock.
For bulk buyers and wholesalers in the region, visit our dedicated page for Wholesale Saffron in Dubai to view available grades and pricing options.
We will continue monitoring developments and their impact on the saffron market closely.