Gold Rate UAE
Gold rates in UAE are influenced mainly by the London Gold Market Fixing, which is the most renowned benchmark for gold prices worldwide. Locally, prices are determined by the Dubai Gold and Jewellery Group. In the UAE, gold is available in four purity levels: 24K, 22K, 21K and 18K.
| Type | Morning | Evening | Yesterday |
|---|---|---|---|
 Ounce | 9,876.67 | 9,794.57 | |
| 24K | 325.50 | 322.75 | |
| 22K | 301.50 | 298.75 | |
| 21K | 291.75 | 289.25 | |
| 18K | 250.00 | 248.00 |
*Source: Dubai Gold & Jewellery Group.
All prices are in AED
Last update: 24 November 2024
Latest UAE Gold Prices News
U.S. dollar index and Treasury yields dipped, making bullion more attractive to other currency holders
Traders are currently pricing an 88.2 percent chance of a 25-basis-point cut in November
Despite the rise in gold prices, the U.S. dollar's recent ascent and rate-cut expectations have limited gains
Market focus now shifts to U.S. Producer Price Index (PPI) report due today
Traders are currently pricing an 84.7 percent chance of a 25-basis-point cut in November
U.S. dollar index rose 0.06 percent to 102.61 earlier in the session, inching closer to the seven-week high it recorded last week
Investor focus now shifts to the Fed's latest policy meeting minutes due on Wednesday and inflation data due on Friday
Traders are currently pricing a 95.7 percent chance of a 25-basis-point rate cut in November
The dollar fell 0.1 percent from a month-long high, making gold priced in dollars more affordable for foreign buyers
The dollar index continued its rebound, gaining 0.10 percent to 101.78, and making gold more expensive for other currency holders
The U.S. dollar held onto its gains, rising 0.08 percent to 101.28, and making gold more expensive for other currency holders
Amid the uncertain global economic and geopolitical landscape, bullion posted its best quarterly gain since 2016 on Monday
Market attention turns toward comments from both Fed chair Jerome Powell and Fed governor Michelle Bowman later today
Market focus now shifts to the U.S. core personal consumption expenditures price index data due later today
Traders now await Fed chair Jerome Powell’s remarks on Thursday and U.S. inflation data on Friday for further policy cues
Market focus this week remains on Fed members' comments and the release of the U.S. PCE data on Friday
Declining interest rates globally, rising geopolitical tensions in the Middle East and the upcoming U.S. election boost gold to new high
The dollar index fell 0.05 percent to 100.56, making gold less expensive for other currency holders
Following the Fed's decision, the dollar fell to its lowest since July 2023 then recovered, rising 0.37 percent to 100.97
India's August gold imports surged to $10.06 billion, compared with $3.13 billion in July
Markets are currently pricing in a 69 percent chance of a 50-basis-point cut at the conclusion of the Fed's two-day meeting
The U.S. dollar index fell 0.25 percent to 100.86, making gold less expensive for other currency holders
The dollar fell to a one-week low, making gold less expensive for other currency holders
