Commodities
UAE Gold Prices Near Record Levels Amid Global Rally
Gold prices in the UAE have continued to rise, nearing AED530 per gram as global markets experience a strong rally. According to updated retail rates, 24K gold is trading at AED529.75 per gram, while silver is priced at AED7.72 per gram.
The gains come as global gold prices hover near record levels, with futures contracts approaching $4,500 per ounce amid shifting expectations surrounding US monetary policy.
Jewellery prices may vary among retailers due to making charges, design, and brand premiums. Gold and silver spot prices fluctuate throughout the trading day in line with movements in international markets.