Gold broke all records in Dubai, price crossed 600 dirhams, burden on buyers’ pockets increased
Gold prices in Dubai have created history today i.e. on 24 January 2026. For the first time, the price of 24 carat gold has crossed 600 dirhams per gram. An increase in prices has been observed for the fifth consecutive day, due to which buyers will now have to stretch their wallets more. Even at the global level, gold prices are skyrocketing.
What is today’s latest price?
According to Dubai Jewelery Group, there was a big jump in gold prices as soon as the market opened this morning. Today’s rates for different carats are as follows:
| Carat | Price (per gram) |
|---|---|
| 24K | Dh601.00 |
| 22K | Dh556.00 |
| 21K | Dh533.50 |
| 18K | Dh457.25 |
Why are gold prices increasing?
The main reason for this huge surge in gold prices is the ongoing geopolitical uncertainties around the world. Investors are choosing gold as a safe investment. In the global market, gold has reached close to $ 5,000 per ounce, which has also had a direct impact on the retail market of Dubai.
Know the rules before buying gold
It is important to keep some things in mind while buying gold in Dubai. The above rates do not include 5% VAT, which will be added to the making charges while making jewellery. Apart from this, it is mandatory for you to have a valid ID proof to sell or exchange gold. Selling stolen gold is considered a serious crime here.
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