Gold prices in Dubai showed a slight rebound on September 8, 2024, following a minor dip in the previous days. The price of 24-carat gold stands at AED 3040 per 10 grams, while 22-carat gold is trading at AED 2815 per 10 grams. This upward movement reflects the dynamic nature of the gold market, influenced by global economic factors and investor sentiment.
Chart: Gold Rate In Dubai Today 8 September 2024
| Carat | Rate per 10 grams (AED) |
|---|---|
| 24K | 3040 |
| 22K | 2815 |
| 18K | 2305 |
Disclaimer:
Gold prices are subject to fluctuation throughout the day. The rates provided here are approximations as of September 8, 2024, and may vary depending on the jeweler and location. For the most current and accurate rates, it is advisable to consult a reliable financial institution or a reputable jeweler.
Thoughts on Gold Rates
Today’s slight increase in Dubai’s gold prices suggests a potential shift in market sentiment. While the overall trend remains uncertain, this upward movement may attract investors seeking to capitalize on potential further gains. However, gold prices can be volatile, and it’s essential for potential buyers to stay informed and exercise caution.
Gold Rates in Other Countries (Per Ounce)
| Country | 24K Gold Rate (approx.) |
|---|---|
| USA | $1,940 |
| UK | £1,510 |
| Pakistan | PKR 9,21,000 |
| India | INR 57,500 |
| China | CNY 44,700 |
| Canada | CAD 2,580 |
| Australia | AUD 2,880 |
| Switzerland | CHF 1,740 |
| Japan | JPY 268,000 |
| Germany | EUR 1,780 |
Conclusion
Dubai remains a global hub for gold trading and investment. Understanding the current gold rates and the factors influencing them is crucial for anyone involved in the gold market. While today’s price increase may signal positive market sentiment, it’s important to remain vigilant and make informed decisions based on a thorough understanding of the market dynamics.
