Gold prices in the United Arab Emirates remained robust on Friday, with 24-carat gold trading near AED 600 per gram, reflecting ongoing interest from buyers and steady market demand. Current retail rates in Dubai show 24K gold around AED 598–604 per gram, while 22K is roughly AED 548–559 and 21K about AED 523–534 per gram. Prices for 18-carat gold are near AED 449–457 per gram.
The precious metals market in the UAE has seen notable volatility in early 2026, influenced by global bullion trends, currency fluctuations, and investor sentiment. Earlier in the year, gold prices experienced record highs as safe-haven demand intensified amid geopolitical uncertainty and economic shifts, driving local rates upward across all major karats.
However, recent weeks have also highlighted pullbacks in prices, with gold sliding after peaks reached in the first weeks of February as global markets adjusted to changing economic data. This mix of high and lower price points indicates that traders and consumers are responding to broader international influences as well as local buying patterns.
Jewellery buyers and investors in the UAE often monitor prices closely due to the emirate’s significant role in the regional gold trade and tourism-related demand. Retail rates in Dubai’s Gold Souk and other markets typically align with international benchmarks while reflecting pricing strategies of local dealers.
Analysts advise watching both global bullion performance and regional consumer behavior to understand how prices may change in the coming days, particularly with ongoing economic developments affecting demand for precious metals.
