Dubai witnesses record-breaking Gold prices as 24k crosses Dh550
Dubai's retail gold prices hit historic highs on January 12, 2026, with 24K gold exceeding Dh550 per gram. This surge mirrors global market rallies driven by safe-haven demand, interest rate expectations, a weaker US dollar, and central bank buying. Despite record prices, Dubai remains competitive internationally.
Dubai's retail gold prices hit historic highs on January 12, 2026, with 24K gold exceeding Dh550 per gram. This surge mirrors global market rallies driven by safe-haven demand, interest rate expectations, a weaker US dollar, and central bank buying. Despite record prices, Dubai remains competitive internationally.
