In the local market, the gold price in the UAE remained stable, with the 24-karat gold gram priced at approximately 484.25 UAE dirhams.

We provide updated price details for all carats, along with factors influencing market movements.

Strong demand for Exchange-Traded Funds (ETFs) continues to support gold prices amid declining confidence in traditional safe havens, alongside ongoing central bank purchases and globally lower financing costs, which bolster the yellow metal as a store of value against market volatility.