Dubai Gold Rate Today: Prices increased at Gold Souk

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After the high raise in the global gold prices, the Dubai gold rate is also increased in a last few days.

Dubai gold rate today has observed a slight raise today. Last week, it also reached at 5 years high. However, further increase will affect the gold and jewelry demand in the UAE.

The spike in local rates are in sync with the sharp movement in global bullion prices, which has now hit a five-year high after the US Federal Reserve indicated on Wednesday the possibility of an imminent rate cut. This has prompted global investors to seek alternate assets, and gold has forced its way back on the radar.

Dubai Gold Rate Today in USD, AED, GBP, and EUR


Gold Rate per gm

USD

AED

GBP

EUR

24k

47.37

174

37.12

41.61

22k

44.52

163.5

34.88

39.09

21k

42.47

156

33.28

37.3

18k

36.42

133.75

28.53

31.98

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