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Dubai Gold Prices Surge Dh4 Amid Rising Demand for Safe-Haven Assets
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Gold prices in Dubai witnessed a sharp rise of Dh4 per gram on Friday, nearing previous record highs as investors flocked to the precious metal amid escalating geopolitical tensions.
The 24K gold variant climbed to Dh412.75 per gram, up from Dh408.75 at Thursday's market close. This marks an impressive increase of over Dh14 per gram in just three days, reflecting growing market uncertainty.
The yellow metal had previously reached an all-time peak of Dh420 per gram earlier this year, driven by global trade uncertainties, a weaker US dollar and ongoing international conflicts.
Other gold variants followed suit with 22K rising to Dh382.25, 21K to Dh366.5 and 18K reaching Dh314.0 per gram respectively - making all categories significantly more expensive for buyers.
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In global markets, spot gold hit $3,415.73 per ounce - a 1.07% increase that pushed prices to their highest level in nearly two months.
The price surge may disrupt UAE residents' plans to purchase gold jewelry ahead of summer vacations when many traditionally buy gifts for family back home.
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Professionals in UAE Earn up to Dh45,000 Monthly Amid Rising Demand for These Talent
Indian professionals in the UAE’s tech and innovation sectors are earning monthly salaries of up to Dh45,000, driven by growing demand in fields such as artificial intelligence (AI), fintech, and digital transformation. According to Careernet Group, one of India’s leading talent solutions firms, this shift highlights the UAE’s rapid evolution into a global hub for technology and innovation.
Dubai gold prices at record high; 24K reaches Dh550 per gram
Gold prices hit a new record in Dubai and globally as the 24K price hit Dh550 per gram at the opening of the market on Monday.The Dubai Jewellery Group data showed 24K jumping Dh7 per gram to Dh550.25, while the 22K gold price rose Dh6.5 to Dh509.5 per gram on Monday morning.Similarly, the 21K gold price rose to Dh488.75, 18K to Dh418.75 and 14K to Dh326.75 per gram.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Globally, spot gold broke above the psychological milestone
UAE Cardholders Alert: How to Outsmart the New 3.14% Overseas Transaction Fee
Travelling abroad is set to become a little more expensive for UAE cardholders starting September 22, 2026. If you use your UAE-issued credit or debit card internationally—whether it’s in a Paris boutique, a Singapore ATM, or an American online store—you’ll now face a higher fee of 3.14% on each transaction.While that may not seem significant at first glance, it adds up quickly. A Dh5,000 overseas spend could now cost you an extra Dh157 just in fees—an expense many travellers don’t factor into t
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Professionals in UAE Earn up to Dh45,000 Monthly Amid Rising Demand for These Talent
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Gold prices hit a new record in Dubai and globally as the 24K price hit Dh550 per gram at the opening of the market on Monday.The Dubai Jewellery Group data showed 24K jumping Dh7 per gram to Dh550.25, while the 22K gold price rose Dh6.5 to Dh509.5 per gram on Monday morning.Similarly, the 21K gold price rose to Dh488.75, 18K to Dh418.75 and 14K to Dh326.75 per gram.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Globally, spot gold broke above the psychological milestone