Dubai gold prices soften Dh3.5 after Fed rate hike
If you are looking to buy gold in Dubai this Friday, 24-karat gold is priced at Dh522.75 as compared to Dh526.25 yesterday. 22-karat gold is priced at Dh484.00, which is Dh3 cheaper.
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First the Federal Reserve's rate hike followed by cooling-off of oil prices, traders are using these cues to make lucrative bets at the end of a volatile week. And going by how gold has performed this year, it is likely to be a top choice for investors. If you are looking to buy gold in Dubai this Friday, 24-karat gold is priced at Dh522.75 as compared to Dh526.25 yesterday. 22-karat gold is priced at Dh484.00, which is Dh3 cheaper. If you see internationally, bullion is trading at $4,365.2 a tad bit higher, but firmly above the $4350 levels, which was considered a crucial support level.
Source
Reported by: Gulf News 18 Sept 2026 Read the original ↗ More from Gulf News →
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Who reported this?
Gulf News (UAE).
When was it announced?
18 Sept 2026.
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Read the original at Gulf News: https://gulfnews.com/business/retail/dubai-gold-prices-soften-at-the-end-of-volatile-week-1.500679073
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