Dubai Gold Prices Jump AED 7.5 as Global Rates Exceed $3,200
Dubai’s gold prices have experienced a significant increase, rising by AED 7.5 as global rates surpassed the landmark $3,200 mark for the first time.
As of April 11, 2025, 24-carat gold in Dubai reached AED 386.75, while 22-carat gold rose to AED 358. Other gold varieties also saw gains, with 21-carat gold priced at AED 343.25 and 18-carat gold at AED 294.25.
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The surge in gold prices comes as global spot gold climbed to 3,216.20,reflectinga1.733,216.20, reflecting a 1.73% increase and a weekly gain of over 5%.
Earlier in the session, gold reached an all-time high of 3,216.20,reflectinga1.733,219.73. Contributing factors include a weakened U.S.
dollar and escalating trade tensions, which have prompted investors to seek safe-haven assets like gold.
Market analysts anticipate that the Federal Reserve may resume cutting interest rates in June, further influencing gold prices.
As economic uncertainties persist, traders are now eyeing the $3,500 level for gold, signaling ongoing volatility in the precious metals market.
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