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Financial services

Dubai gold prices lose Dh35.75 in one month; 24K trades at Dh498

Gold prices in Dubai held steady at the start of the week after losing Dh35.75 in one month. The 24K variant was trading at Dh498 per gam at the open of the markets on Monday, down from Dh499 over the weekend, according to data by Dubai Jewellery Group.

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Gold prices in Dubai held steady at the start of the week after losing Dh35.75 in one month. The 24K variant was trading at Dh498 per gam at the open of the markets on Monday, down from Dh499 over the weekend, according to data by Dubai Jewellery Group. The other variants of the precious metal, 22K, 21K, 18K, and 14K, were trading at Dh461, Dh442, Dh379, and Dh295.5 per gram, respectively. Spot gold fell 0.18 per cent to $4,132.2 per ounce. Silver was up 0.84 per cent, trading at $60.92. The metal eased as the US dollar held strong, although losses were limited after recent soft economic data sharply reduced expectations of a Federal Reserve rate hike this month.

Source

Reported by: Khaleej Times 5 Oct 2026 Read the original ↗ More from Khaleej Times →

This is a plain-language summary, not legal advice. For your specific situation, consult a UAE-qualified professional and the original source.

Quick answers

Who reported this?

Khaleej Times (UAE).

When was it announced?

5 Oct 2026.

Where can I read the original?

Read the original at Khaleej Times: https://www.khaleejtimes.com/business/dubai-gold-prices-lose-dh3575-in-one-month-14k-trades-below-dh300-per-gram

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