Dubai, renowned for its opulence and luxury, has long been a hub for gold enthusiasts and traders. The gold rate in Dubai holds great significance as it reflects the economic trends and consumer sentiments. This article delves into the world of gold rates in Dubai, exploring the current scenario, historical trends, influencing factors, and more. Whether you’re a potential investor or simply curious about gold prices, this guide aims to provide a comprehensive overview.
Dubai Gold Rate 1,June, 2025
| Date | 22Ct / 1g | 24Ct / 1g | 21Ct / 1g | 18Ct / 1g |
|---|---|---|---|---|
| 31-05-2025, AM | AED 367.00 | AED 396.25 | AED 352.00 | AED 301.75 |
| 30-05-2025, AM | AED 367.75 | AED 397.25 | AED 352.75 | AED 302.25 |
| 29-05-2025, AM | AED 365.00 | AED 394.00 | AED 350.00 | AED 299.00 |
| 28-05-2025, AM | AED 370.75 | AED 400.25 | AED 355.50 | AED 304.50 |
| 27-05-2025, AM | AED 368.25 | AED 397.75 | AED 352.00 | AED 299.50 |
| 26-05-2025, AM | AED 371.00 | AED 400.75 | AED 355.50 | AED 304.00 |
| 25-05-2025, AM | AED 374.75 | AED 404.75 | AED 359.25 | AED 307.75 |
| 24-05-2025, AM | AED 374.75 | AED 404.75 | AED 359.25 | AED 307.75 |
| 23-05-2025, AM | AED 369.75 | AED 399.25 | AED 354.25 | AED 302.75 |
| 22-05-2025, AM | AED 372.50 | AED 402.50 | AED 357.00 | AED 305.50 |
| 21-05-2025, AM | AED 368.50 | AED 397.75 | AED 352.00 | AED 299.50 |
| 20-05-2025, AM | AED 361.00 | AED 390.00 | AED 346.25 | AED 297.00 |
| 19-05-2025, AM | AED 359.25 | AED 387.75 | AED 344.50 | AED 295.25 |
| 18-05-2025, AM | AED 357.50 | AED 386.00 | AED 342.75 | AED 293.75 |
| 17-05-2025, AM | AED 357.50 | AED 386.00 | AED 342.75 | AED 293.75 |
| 16-05-2025, AM | AED 359.25 | AED 387.75 | AED 344.50 | AED 295.25 |
| 15-05-2025, AM | AED 350.50 | AED 378.50 | AED 336.25 | AED 288.00 |
| 14-05-2025, AM | AED 360.50 | AED 389.50 | AED 346.00 | AED 296.50 |
| 13-05-2025, AM | AED 362.75 | AED 392.00 | AED 348.00 | AED 298.50 |
| 12-05-2025, AM | AED 360.00 | AED 389.00 | AED 345.50 | AED 296.00 |
| 11-05-2025, AM | AED 371.00 | AED 400.50 | AED 355.75 | AED 304.75 |
| 10-05-2025, AM | AED 371.00 | AED 400.50 | AED 355.75 | AED 304.75 |
| 09-05-2025, AM | AED 374.00 | AED 404.00 | AED 358.50 | AED 307.50 |
| 08-05-2025, AM | AED 374.00 | AED 404.00 | AED 358.50 | AED 307.50 |
| 07-05-2025, AM | AED 376.75 | AED 406.75 | AED 361.25 | AED 310.25 |
| 06-05-2025, AM | AED 375.25 | AED 405.25 | AED 359.75 | AED 308.75 |
| 05-05-2025, AM | AED 368.75 | AED 398.00 | AED 353.25 | AED 302.25 |
| 04-05-2025, AM | AED 361.50 | AED 390.50 | AED 346.75 | AED 297.25 |
| 03-05-2025, AM | AED 361.50 | AED 390.50 | AED 346.75 | AED 297.25 |
| 02-05-2025, AM | AED 362.50 | AED 391.75 | AED 347.75 | AED 298.25 |
| 01-05-2025, AM | AED 360.25 | AED 389.00 | AED 345.50 | AED 296.00 |
Gold Rate in Dubai: Unveiling the Current Scenario
Dubai’s gold market is dynamic, with prices subject to fluctuations influenced by both global and local factors. As of the latest data, the gold rate in Dubai stands at [current price] per gram. This rate is influenced by various factors, ranging from international economic trends to local demand.
Factors Influencing Gold Rates
Several factors play a pivotal role in determining the gold rate in Dubai:
Global Economic Trends and Geopolitical Events
The global economic landscape and geopolitical events significantly impact gold prices. During economic uncertainty or geopolitical tension, investors often turn to gold as a safe-haven asset, driving up its demand and, subsequently, its price.
Demand and Supply Dynamics
The fundamental principle of supply and demand also holds for the gold market. Fluctuations in consumer demand and the availability of gold reserves can lead to price variations.
Currency Exchange Rates
Gold is traded internationally in US dollars. Therefore, fluctuations in currency exchange rates between the US dollar and the local currency (AED) can impact the gold rate in Dubai.
Interest Rates and Inflation
Inverse relationships often exist between interest rates, inflation, and gold prices. When interest rates are low, and inflation is high, the attractiveness of gold as an investment increases, boosting its demand and driving up prices.
Jewelry and Industrial Demand
Dubai is renowned for its gold jewelry market. Variations in jewelry demand, particularly during festive and wedding seasons, can influence prices. Additionally, using gold in various industries contributes to its direction and, consequently, its price.