As of September 18, 2024, the gold rate in Dubai, much like other global markets, is witnessing fluctuations due to a multitude of economic factors. Dubai, known for its thriving gold trade, attracts investors and consumers alike. This article aims to present the latest gold prices in Dubai and provide insights into the factors driving these changes.
Chart of Gold Rate in Dubai Today 18 September 2024
| Gold Karat | Per Gram (AED) |
|---|---|
| 24K | 311.75 |
| 22K | 288.75 |
| 18K | 239.50 |
Disclaimer About Today’s Rate
Please note that the gold rates displayed in the chart are estimates based on market trends and may not precisely reflect real-time prices. It is strongly recommended to consult with your local jeweler or bullion dealer for the most accurate and up-to-date gold rates before making any purchase or sale decisions.
Thoughts on Gold Rates
The price of gold is constantly influenced by global economic health, geopolitical tensions, currency fluctuations, and investor sentiment. In Dubai, the gold market is particularly sensitive to changes in oil prices and the strength of the US dollar, as the UAE Dirham is pegged to the USD. The recent volatility in gold prices highlights the importance of careful consideration and research before making any gold-related transactions.
Last 10 Days Rate Chart
| Date | 24K Gold (Per Gram – AED) | 22K Gold (Per Gram – AED) | 18K Gold (Per Gram – AED) |
|---|---|---|---|
| Sep 8 | 302.75 | 280.25 | 232.50 |
| Sep 9 | 303.75 | 281.25 | 233.25 |
| Sep 10 | 304.00 | 281.25 | 233.50 |
| Sep 11 | 308.25 | 285.50 | 237.00 |
| Sep 12 | 312.25 | 289.00 | 240.00 |
| Sep 13 | 312.25 | 289.00 | 240.00 |
| Sep 14 | 312.25 | 289.00 | 240.00 |
| Sep 15 | 313.50 | 290.25 | 240.75 |
| Sep 16 | 312.00 | 289.00 | 239.75 |
| Sep 17 | 313.00 | 290.00 | 240.50 |
Conclusion
As of 18 September 2024, the gold rate in Dubai continues to be a subject of keen interest for investors and consumers. It is advisable to stay updated on the latest market trends and consult with experts before making any gold-related transactions. Remember, gold can be a valuable addition to a diversified investment portfolio, but it’s crucial to make informed decisions based on your financial goals and risk tolerance.
