A noticeable decrease in gold prices today in the Emirates May 29, 2025 – ryan

Gold prices today in the Emirates are a topic that concerns many investors and consumers, and the prices of yellow metal witnessed a remarkable decrease during today’s dealings, driven by multiple factors, including the impact of global markets and the impact of the American judiciary’s decision related to trade fees imposed, and this is due to the decrease in the demand for gold globally with the dollar rising to noticeable levels.

Gold prices today in the Emirates

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Gold prices in the UAE continue to attract extensive attention by various groups, as the latest updates showed a decline in gold prices with various circulars, we monitor in the coming lines the most prominent prices that were recorded today in the UAE markets according to the economic analysis site Gold-price-today.com.

• The price of 24 carat gold: The price of a gram reached 395.00 dirhams.
• The price of 21 carat gold: Its price stopped at 350.75 dirhams, and this is the most trading and preferred caliber in the country.
• 18 -carat gold price: Today recorded a value of 300.75 dirhams.
• Gold ounce price: It reached 12286.00 dirhams, a level that reflects the recent decline in the market.

Factors affecting gold prices today in the Emirates

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Gold prices in the UAE are affected by a wide range of economic factors and global events, as the American judiciary’s decision played a pivotal role in determining the current path of the market, as an American court canceled commercial fees imposed by former President Trump on certain imports, which led to reducing the demand for gold, which is considered a safe haven.

In addition, the dollar rose, which directly affected the gold globally, because increasing the strength of the dollar makes gold the highest cost for investors who hold other currencies, and this global impact is clearly reflected on local prices in the UAE.

Global price of gold and its impact on the local market

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The global price of gold witnessed a remarkable decline, as the price of an ounce in instant transactions decreased by up to 0.7% to settle at 3268 dollars, while US futures decreased by 0.1% to recorded 3265 dollars, this global decline in turn reflected on the local market and created a wave of changes in the prices of various bullets in the Emirates.

The importance of following gold prices today in the Emirates

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Follow -up of gold prices today in the Emirates is an important step for individuals who depend on this mineral as part of their investments or personal use, and with daily changes in international prices and their local effects, market monitoring becomes necessary to take wise purchasing decisions or sale.

Summary of the table: Gold prices today in the Emirates

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In the end, it is noted that today’s gold prices in the Emirates are affected by a group of local and international factors, and these prices remain the point of view of many, whether investors or those who are about to buy jewelry, so it is always preferable to review the market and follow the price movement accurately to obtain the best opportunities.