Dubai gold prices fall below Dh500 as 24K loses Dh30.5 in a month

Gold prices in Dubai witness a significant drop, with 24K gold trading at Dh497 per gram.

Gold prices in Dubai have fallen below the Dh500 mark, with the 24K variant trading at Dh497 per gram as of October 24, 2026. This marks a decline of Dh30.5 per gram over the past month, reflecting a significant downward trend in the local gold market.

The drop in prices is attributed to various market factors influencing global gold rates. Investors and consumers in the UAE are closely monitoring these changes, which could impact buying decisions and investment strategies.

Source: https://www.khaleejtimes.com/business/dubai-gold-prices-drop-below-dh500-24k-lose-dh305-in-one-month