Dubai Gold Prices Drop, Offering Brief Buying Opportunity

Feb 24, 2026

59 min

Feb 24, 2026 05:31

Dubai gold prices fall after recent surge. Buyers spot brief saving window

## Gold Prices in Dubai

Dubai's gold prices have seen a slight decrease after a recent surge, providing a short-lived opportunity for buyers. On Tuesday morning, the price for 24-carat gold was Dh623 per gram, down from Dh626.75 the previous day. Similarly, 22-carat gold fell to Dh577 from Dh580.25.

## Recent Price Trends

Despite this dip, gold prices remain significantly higher than at the start of February. Earlier in the month, 24-carat gold was priced below Dh590 per gram, dropping to nearly Dh564 on February 2. Since then, prices have steadily increased, surpassing Dh600 by mid-February and reaching over Dh615 in the third week.

## Global Influences

Globally, gold prices have been affected by geopolitical tensions and uncertainties in US trade policy. After a series of gains, international gold prices fell by up to 1.6% before stabilizing. The market remains volatile, with ongoing demand for gold as a safe-haven asset amid global uncertainties.

## Future Outlook

Major financial institutions predict that the factors driving gold prices higher will persist. Concerns about Federal Reserve policies, investor shifts away from traditional assets, and geopolitical tensions are expected to continue supporting gold prices in the coming months.

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