Dubai Gold Prices Soar Past Dh520 per Gram Amid Global Bullion Rally

Dubai's gold market saw significant gains on Saturday, with all major purities experiencing an increase in price. The Dubai Jewellery Group reported that 24K gold reached Dh523.25 per gram, up from Dh514.00 the previous day. This marks a notable upward trend for the week, with prices climbing above their August levels.

The latest rates for 22K and 18K gold also showed increases, reaching Dh484.50 and Dh398.25 per gram, respectively. These prices are part of the suggested retail jewellery rates quoted by the Dubai Jewellery Group.

In comparison to earlier in the week, Saturday's 24K rate is Dh9.25 higher than Friday's, and Dh9.50 above Thursday's. The weekly move shows a sharp climb, with gold prices rising across major markets.