As of September 21, 2024, gold prices in Dubai continue to be influenced by fluctuations in the global gold market and local economic factors. Dubai’s reputation as a “city of gold” makes its gold prices a point of interest for investors and consumers alike. This article provides an up-to-date rate along with insights on the gold market in Dubai.
Chart of Gold Rates in Dubai Today 21 September 2024
Carat | Price per gram (AED) |
---|---|
24K | 311.75 |
22K | 288.75 |
21K | 279.50 |
18K | 239.50 |
Disclaimer About Today’s Rates
The gold rates listed above are for informational purposes only and may fluctuate during the day. Please consult your local jeweler or gold trader for the most accurate and up-to-date prices.
Thoughts on Dubai Gold Rates
Dubai’s gold market is renowned for its size and the presence of numerous gold refineries, making it a major global hub for the precious metal. The demand for gold in Dubai is driven primarily by jewelry purchases, with institutional investors and banks also playing a significant role. Prices are susceptible to changes in global economic conditions, oil prices, and currency fluctuations.
Conclusion
As of September 21, 2024, gold rates in Dubai reflect a dynamic interplay of global and local economic factors. While prices can vary throughout the day, the overall trend indicates a relatively stable market with some recent fluctuations. Stay informed about market trends if you’re considering buying or selling gold in Dubai.