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Economy
Dubai's 24K gold price has climbed Dh5 over two days as fears of near-term US rate hikes ease, though it remains Dh14.50 below its July high. The gap is giving buyers a short-term window to purchase gold before prices potentially move higher again.
Economy
Gold prices in Dubai held largely steady on 8 July 2026, even as Iranian strikes on Bahrain and Kuwait pushed regional tension higher, with 24K trading at Dh497 per gram. Analysts say US interest rate expectations, not geopolitics alone, are now the bigger swing factor for bullion.
Economy
Dubai gold prices have fallen below Dh500 per gram for the first time in weeks, with 24-karat gold down nearly Dh46 since the start of June. The dip is giving buyers a clearer window to make purchases they had been holding off on during the recent run of record highs.
Economy
With India hiking gold import duties to 15% and the Indian Rupee slipping 7% this year, Dubai has widened its edge as the go-to destination for Eid gold shopping. Here's the full breakdown every expat and traveller needs before they buy.