Gold prices are falling globally, giving UAE customers hope that rates may soon fall below Dh400 per gram. The reduction comes as global tensions have eased and investor demand for safe-haven assets such as gold has decreased.
As of now, the 22K gold price in Dubai is around Dh408, with analysts forecasting further falls provided worldwide stability is maintained. Many UAE residents are now attentively monitoring daily price changes to plan their purchases for weddings, investments, and gifts.
Experts say that seasonal demand and currency fluctuations will play a key role in determining whether prices fall below the psychological Dh400 level. “If the U.S. dollar remains strong and inflation data eases, we could see gold touching new lows in the UAE market,” a trader said.
Meanwhile, gold retailers across the Emirates are preparing special promotions to attract buyers holding out for a better deal. Whether it’s wise to wait or buy now depends on global cues—but one thing is clear: shoppers are back in bargain-hunting mode.
