Dubai gold rises Dh569.50 as 24K climbs amid global tensions
Silver prices react to dollar weakness and oil-driven inflation fears
DUBAI – Dubai gold rates continue to reflect a tightly balanced mix of global risk sentiment, currency movements and safe-haven demand.
The Dubai Jewellery Group has set fresh retail benchmarks that show a steady upward bias in pricing, as geopolitical developments and energy market volatility keep investors cautious.
The emirate remains a key pricing hub, with daily changes closely tracking international bullion trends and currency fluctuations.
Dubai gold rates
As of today, April 27, 2026, Dubai gold rates stand at Dh569.50 per gram for 24K, Dh527.25 for 22K, Dh505.50 for 21K, Dh433.25 for 18K and Dh338.00 for 14K.
Compared with Saturday, April 25, when 24K gold was priced at Dh567.50, the latest rate shows a rise of Dh2 per gram. Similar upward movement is visible across other categories, with 22K increasing from Dh525.50 to Dh527.25, and 18K rising from Dh432.00 to Dh433.25.
This gradual strengthening follows a relatively volatile week, where prices dipped midweek before recovering. The latest move suggests renewed buying interest in the Dubai market, even as global uncertainty continues to influence sentiment.
Global trends
International gold markets have been supported by a softer US dollar, which has eased following reports of diplomatic communication involving Iran and intermediaries discussing potential steps toward reopening the Strait of Hormuz. This development has slightly improved risk appetite, although uncertainty remains elevated.
US President Donald Trump’s recent remarks regarding negotiations with Iran and the broader conflict dynamics have kept markets sensitive to any escalation or diplomatic shift. The Strait of Hormuz remains a critical energy route, and any disruption continues to influence both oil and inflation expectations.
Oil prices have remained firm due to stalled peace talks, keeping energy markets on edge. Higher crude levels tend to feed inflationary pressures, which in turn shape interest rate expectations and indirectly influence gold demand.
Investors are also focused on the US Federal Reserve’s upcoming policy decision, which is expected to provide further direction on interest rate trajectory and inflation management.
Other precious metals
Silver has posted stronger momentum in global markets, rising to around $76.45 per ounce. The metal has benefited from both safe-haven flows and industrial demand expectations, alongside broader weakness in the dollar.
Platinum and palladium have also seen mixed performance, with platinum edging higher while palladium remains slightly under pressure.