Gold prices in Dubai markets stayed weak on March 25, 2026, with 24‑carat gold trading around AED 620 per gram. Traders said the downside pressure came from a stronger US dollar and rising Treasury yields, which are pushing investors away from bullion despite its traditional safe‑haven appeal.
The slide in Dubai gold rates reflects broader global movement, where international spot gold hovered lower and the dollar index hit a multi‑week high, making gold more expensive in other currencies. A firm dollar and higher yields are drawing capital into interest‑bearing assets, leaving gold under added pressure.
“The strong dollar is capping any upside,” said veteran Dubai gold trader Ahmed Al‑Mansoori. “If we see any geopolitical escalation, that could trigger a rebound, but for now prices are struggling.”
The shoppers at Dubai Gold Souk showed restraint because they wanted to see better international market information before they would buy expensive items. The people in the United Arab Emirates and neighboring Gulf countries continue to buy gold according to their traditional seasonal patterns, which include wedding and festival times, but their interest has decreased because gold prices reached high levels earlier this year.
Equity markets worldwide offered mixed support because some indices increased due to tech optimism while other indices declined because of inflation concerns. The nearby markets experienced pressure on gold futures, which followed the overall downward trend.
In Dubai’s retail market, 22K gold was fetching around AED 574 per gram and 18K near AED 469 per gram, with jewellery demand steady but investment bar volumes light. Experts say gold may stabilise if yields ease, but the current rally in the dollar could keep prices subdued. Dubai’s gold pricing continues to reflect its dual role as both cultural asset and a barometer of global finance.