Dubai gold rates hit Dh562 per gram as global prices surge past $4,680
Silver, platinum and palladium extend strong gains
DUBAI – Dubai gold prices opened the week steady, with retail jewellery rates published by the Dubai Jewellery Group reflecting firm local demand alongside heightened global uncertainty.
As of Monday, the benchmark 24K gold price in Dubai stands at Dh562.00 per gram, keeping the emirate among the most closely watched physical gold markets in the region.
Trading sentiment remains cautious as international bullion prices push deeper into record territory.
Dubai gold rates
According to the Dubai Jewellery Group, 22K gold is priced at Dh520.25 per gram, while 21K is listed at Dh499.00. Prices for lighter jewellery grades also held firm, with 18K gold at Dh427.75 per gram and 14K at Dh333.50.
Retail rates reflect both international spot movements and local market dynamics, including steady tourist buying and jewellery demand.
Global gold markets
In international markets, gold surged to fresh record highs as investors sought safety amid rising geopolitical and trade tensions. Spot gold climbed to $4,663.37 per ounce in early trading after touching an all-time peak of $4,689.39. US gold futures for February delivery also strengthened, reaching $4,669.90 per ounce. The rally coincided with a broad pullback in US stock futures and the dollar, reinforcing gold’s role as a hedge during periods of market stress.
The latest upswing follows renewed concerns over trade relations between the United States and Europe, after President Donald Trump threatened additional tariffs linked to Greenland. European Union officials signalled preparations for potential countermeasures, adding to uncertainty across financial markets.
Other precious metals
Silver mirrored gold’s momentum, outperforming with sharp gains. Spot silver advanced to $92.93 per ounce after hitting a record high of $94.08, supported by strong industrial demand and tight physical supply.
The gold-to-silver ratio has narrowed significantly from late-2025 levels, highlighting silver’s stronger relative performance.
Other precious metals also traded higher. Platinum rose to $2,348.32 per ounce, while palladium increased to $1,808.46.