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
Gold Icon Ounce 9,618.25 9,736.55
Gold Icon 24K 317.00 319.50
Gold Icon 22K 293.50 295.75
Gold Icon 21K 284.00 286.50
Gold Icon 18K 243.50 245.50
*Source: Dubai Gold & Jewellery Group.
All prices are in AED
Last update: 09 October 2024

Latest UAE Gold Prices News

UAE gold prices up, global rates set for weekly gains on Fed rate cut prospects

Traders priced in a 28.5 percent chance of a larger 50-basis-point rate cut in September

UAE gold prices rally, global rates hit 2-week high as Fed hints at September rate cut

Gold prices rose as support for the safe-haven asset strengthened amid the threat of conflict escalation in the Middle East

UAE gold prices surge, global rates rise ahead of Fed policy decision

If the Fed signals the possibility of multiple rate cuts this year, gold prices will likely rally

UAE gold prices down, global rates up ahead of Fed policy meeting

The Bank of England and the Bank of Japan's policy meetings are also due this week

UAE gold prices edge higher, global rates decline on sluggish Asian demand

Investors will closely watch the Fed's interest rate decision on Wednesday, with no change in interest rates expected

UAE gold prices stable, global rates rise but set for weekly losses

U.S. economy grew faster than expected in Q2, but inflation pressures eased, maintaining market expectations of a September rate cut

UAE gold prices fall, global rates dip as investors book profits ahead of U.S. economic data

If the PCE data reveals that inflation is slowing and the Fed can cut rates in September, gold prices will likely surge

UAE gold prices up, global rates rise as investors await U.S. GDP reading

In a bid to boost demand, India slashed import duties on gold and silver from 15 percent to 6 percent

UAE gold prices decline, global rates down ahead of U.S. economic data release

Gold prices reached a record high of $2,483.60 last week as markets expected a 25-basis-point U.S. interest rate cut by September

UAE gold prices rise, global rates down as focus shifts to U.S. economic data

Interest rate cut expectations and the political uncertainty in the United States have supported gold prices to their record high

UAE and global gold prices lose luster amid profit-taking, dollar strength

In the UAE, gold prices fell with 24-carat gold inching up to AED293.50 per gram

UAE gold prices inch up, global rates rise on rate cut hopes

Fed officials noted that the path toward looser monetary policy has become shorter

Gold price hits record high of $2,482.29, UAE rates surge

Markets are pricing in a rate cut of at least 25 basis points by the Fed at the September meeting

UAE gold prices rise, global rates inch up on U.S. interest rate cut optimism

Fed Chair Powell expressed confidence that inflation is returning to the central bank's target of 2 percent

UAE gold prices steady, global rates rise as investors seek rate cut cues from Fed’s Powell

Markets are currently pricing in a 93 percent chance of an interest rate cut in September, according to the CME Fedwatch Tool

UAE gold prices surge, global rates set for third weekly gain amid rate cut bets

Gold prices surged above the $2,400 level after data showed unexpected decline in U.S. inflation

UAE gold prices up, global rates rise as market awaits June U.S. CPI data

Traders are currently pricing in a 46 percent chance that the Fed will cut rates twice by the end of the year

UAE gold prices rise, global rates up ahead of U.S. inflation data release

Global physically backed gold exchange-traded funds saw inflows for the second month straight in June

UAE gold prices down, global rates rise as investors await June U.S. inflation data

Recent weak U.S. economic data has raised the market's hopes for two interest rate cuts by the end of the year

UAE gold prices decline, global rates ease from one-month high on rate cut bets

Unemployment reached a 2.5-year high of 4.1 percent, signaling a softer U.S. labor market

UAE gold prices rise, global rates eye second consecutive weekly rise

If the non-farm payrolls data declines, investors will likely raise their expectations of a September Fed interest rate cut

UAE gold prices rise, global rates decline as weak U.S data raises rate cut speculation

The dollar index declined 0.06 percent to 105.34, making greenback-priced bullion cheaper for other currency holders

UAE gold prices rise, global rates up as investors eye Fed meeting minutes

Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious

UAE gold prices decline, global rates down as investors await key U.S. jobs data

Fed chair Jerome Powell's speech later today to provide insight into the U.S. interest rate outlook