Dubai

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Dubai Gold Prices Hold, But Consumer Demand Slips

The Dubai gold rate remains firm at Dh360 per gram for 22K gold, but this price stability hasn’t sparked any buying interest among shoppers in the UAE. According to retailers, the general shopper sentiment is to wait for a further drop in prices. Many residents are even postponing…

Dubai to Accept Cryptocurrency for Government Services in Global First Initiative

Dubai, UAE – May 13, 2025 — In a bold step toward embracing digital innovation, Dubai has announced plans to allow residents and businesses to pay for government services using cryptocurrency. This landmark initiative positions the emirate as the first government globally…

Gold Prices Plummet Over $100 — Will Dubai Gold Rate See Further Drop?

Dubai, May 11, 2025 – Global gold prices witnessed one of their steepest single-day declines this year, tumbling by a staggering $102 to $3,225 an ounce, following reports of an interim tariff deal between the US and China. The sharp correction comes after months of steady…

Dubai Gold Prices Rise Slightly on 11 May 2025

According to LivePriceofGold.com, the gold prices per gram in United Arab Emirates Dirhams (AED) are as follows: 24K Gold: AED 392.72 22K Gold: AED 360.51 21K Gold: AED 343.63 18K Gold: AED 294.54 14K Gold: AED 229.74 10K Gold: AED 163.76 6K Gold: AED 98.18 These rates indicate a…

Dubai Gold Prices Drop Nearly Dh11 in 24 Hours – 9 May 2025

Dubai, UAE – May 8, 2025:The Dubai Gold Rate has witnessed one of its sharpest single-day declines in recent weeks, falling by almost Dh11 per gram. However, many UAE gold shoppers are still waiting for further drops before making their next jewellery purchase. The price of…

Indian Expat Becomes 500th Millionaire in Dubai Duty Free Draw

Dubai, UAE – May 7, 2025:Venugopal Mullacheri, a 52-year-old Indian expatriate living in Ajman, has been named the 500th millionaire of the Dubai Duty Free Millennium Millionaire promotion after winning $1 million in Series 500 of the draw. Mullacheri purchased the winning…

Dubai Gold Prices Near All-Time High as Shoppers Hesitate

Dubai, UAE – May 6, 2025 – Gold prices in Dubai have surged close to their highest levels in a month, leaving shoppers cautious and retailers concerned. Over the past 24 hours, rates jumped by Dh15 per gram, with 22K gold now at Dh376.5 and 24K at Dh406.5—just Dh5…

Dubai Gold Prices Poised for Decline: Essential Insights for Savvy Shoppers

As of Friday, May 2, Dubai’s 22K gold rate edged up to Dh362.25 per gram, marking a modest increase of Dh3. However, jewellery retailers and market analysts suggest this uptick may be short-lived, with signs pointing to a potential price drop in the coming days. Shoppers, especially…