Gold prices in the UAE continued their strong run on Thursday, 22 January 2026, with 24-carat gold trading around AED 580 per gram, reflecting sharp gains in global precious metals markets. Current local buying and selling prices show elevated rates across major gold purities.
💰 Latest UAE Gold Rates (Approximate, Per Gram in AED)
24K gold: ~ AED 580
22K gold: ~ AED 540
21K gold: ~ AED 520
18K gold: ~ AED 445
These figures represent an upward trend compared with recent days, indicating robust demand and rising global bullion benchmarks.
Reasons Behind the Rally
Gold’s surge in the UAE mirrors a worldwide upswing in precious metal prices, driven by investors seeking safety amid geopolitical and economic uncertainties. International spot gold recently reached all-time highs above $4,800 per ounce, strengthening demand for bullion everywhere, including UAE markets.
Market watchers say that when international rates rise sharply, local gold prices in Dubai, Abu Dhabi and across the Emirates typically move in tandem — often hitting fresh records at jewellery souks and retail counters. Recent data shows gold prices climbing significantly in the region, with 24-carat retail rates crossing key thresholds.
What This Means for Buyers & Investors
Consumers planning gold purchases should be aware that prices can vary throughout the day and between dealers. Jewellery premiums — costs added on top of the raw gold rate for design and craftsmanship — can also affect the final price. Many jewellers recommend comparing quotes before buying, especially as the metal continues its sharp rally.
Gold’s current strength highlights its role as a hedge against uncertainty — and analysts suggest the trend may continue if global markets remain volatile.
Stay tuned to Sharjah News for the latest gold price updates and financial market trends.
