Post by : Priya Chahal
Photo:Reuters
Gold prices in the city are at their lowest point in nearly a month, offering a great chance for buyers this weekend.
22K gold is now Dh365.5 per gram, and 24K is Dh394.5
These figures match the rates seen on May 30
What’s changing?
On Friday, gold prices dropped further by up to Dh2–3 in a short period before ending at Dh365.5
Many gold stores say they’ve seen more shoppers visit once the drop became clear
A bit of hope—but not a flash crowd
Shoppers returning are moving slowly—not rushing in.
Some are waiting for prices to dip below Dh350–355. Experts say gold around that range is ideal for buyers
January-level concerns are cooling, and global events—like easing US‑China trade talks—have helped bring prices down .
Global impact
International gold prices dropped by nearly $60 per ounce this week
If global rates stay weak or slide more, Dubai gold could fall further.
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What shoppers need to know
Weekend rates are the best since the end of May.
If you're buying for a wedding, gift, or investment, now is a good chance—though some prefer to wait for even lower prices.
Shops hope the current trend continues into next week, but global shifts might change things again come Monday.
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