Gold Prices in UAE Reach Record High

Gold prices in the UAE continue to rise, hitting an all-time high. The price of 24-karat gold reached 587.50 dirhams per gram. Experts attribute this to strong global demand for safe-haven assets.

Gold prices climbed to record levels on Wednesday, reflecting strong global demand for safe-haven assets amid market uncertainty. As of January 21, 2026, gold prices in the UAE jumped by nearly AED 20 per gram compared with Tuesday, January 20: 24K: AED 587.50 (up AED 21.50 from AED 566.00) 22K: AED 544.00 (up AED 20 from AED 524.00) 21K: AED 521.50 (up AED 19 from AED 502.50) 18K: AED 447.00 (up AED 16.25 from AED 430.75). Reports indicate that gold prices in the UAE have risen by roughly AED 50 per gram so far this month, showing a strong upward trend since the start of January. On international markets, gold climbed above US $4,800 per ounce on Wednesday, driven by strong safe‑haven demand and a softer dollar.

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