Dubai gold prices surge Dh11.50 per gram after US-Iran peace deal
The 24-karat variety stood at Dh519.75 per gram at 9.22am, up from Dh508.25 on Wednesday, marking a jump of Dh11.50 in a day.
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Gold prices in Dubai surged on Thursday morning, reversing Wednesday's dip as global bullion rose after the signing of an interim peace agreement between the US and Iran.
The 24-karat variety stood at Dh519.75 per gram at 9.22am, up from Dh508.25 on Wednesday, marking a jump of Dh11.50 in a day. The 22-karat variety rose to Dh481.50 per gram from Dh470.75, gaining Dh10.75 over the same period.
Internationally, bullion advanced as much as 1.7% to $4,328 an ounce, erasing the previous session's decline. Gold was supported by the signing of the interim peace deal between the US and Iran, even though the Federal Reserve signalled that a rate hike could still come later this year.
Source
Reported by: Gulf News 18 Jun 2026 Read the original ↗ More from Gulf News →
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Gulf News (UAE).
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18 Jun 2026.
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Read the original at Gulf News: https://gulfnews.com/business/retail/dubai-gold-prices-jump-over-dh11-per-gram-after-wednesday-dip-1.500578324
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