Dubai Gold Rates Hold Firm Amid Global Market Volatility

The gold market in Dubai remained stable on Tuesday, with prices holding firm at Dh489.75 per gram for 24K gold and no change from Monday's closing jewellery rates.

According to the Dubai Jewellery Group's suggested retail prices, the rates were unchanged across the three major categories: 24K gold was priced at Dh489.75 per gram, while 22K stood at Dh453.50 per gram, and 18K remained at Dh372.75 per gram.

The stable local pricing comes as Dubai continues to attract jewellery shoppers and investors seeking competitive retail rates backed by internationally recognised benchmarks.

Meanwhile, globally, gold prices edged higher during early Tuesday trade, with spot gold rising 0.2 percent to $4,059.81 per ounce, while other precious metals such as silver, platinum, and palladium also traded higher due to geopolitical uncertainty and expectations surrounding US economic data.