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Financial services

Gold prices fall Dh4.75 per gram, still below Dh500 mark

The 24K variant of the precious metal was trading at Dh488 per gram at the market open on Monday, down from Dh492.75 at the close of the markets on Friday.

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Gold prices in the UAE continued to trade lower than Dh500 for the second consecutive week, losing Dh4.75 per gram on Monday. The 24K variant of the precious metal was trading at Dh488 per gram at the market open on Monday, down from Dh492.75 at the close of the markets on Friday. The other variants, 22K, 21K, 18K, and 14K, were trading at Dh452.00, Dh433.25, Dh371.50, and Dh289.75, respectively. Globally, spot gold lost 0.72 per cent, trading at $4,051 per ounce as of 9:25am UAE time. Silver lost around 1.1 per cent, trading lower at $58.2 per ounce.

Source

Reported by: Khaleej Times 29 Jun 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?

29 Jun 2026.

Where can I read the original?

Read the original at Khaleej Times: https://www.khaleejtimes.com/business/markets/gold-prices-ease-on-monday-losing-dh475-per-gram

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