Advertisement
Dubai gold prices at record high; 24K reaches Dh550 per gram
Advertisement
Gold prices hit a new record in Dubai and globally as the 24K price hit Dh550 per gram at the opening of the market on Monday.
The Dubai Jewellery Group data showed 24K jumping Dh7 per gram to Dh550.25, while the 22K gold price rose Dh6.5 to Dh509.5 per gram on Monday morning.
Similarly, the 21K gold price rose to Dh488.75, 18K to Dh418.75 and 14K to Dh326.75 per gram.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Globally, spot gold broke above the psychological milestone of $4,600 an ounce on Monday for the first time, as safe-haven demand and expectations of rate cuts kept bullion a favoured asset.
It was trading at $4,568.13 per ounce, up 1.31 per cent at 9am UAE time, driven by geopolitical and economic uncertainties and growing bets around interest rate cuts by the US Federal Reserve.
Some of the key factors driving precious metals are growing risks of US strikes on Iran due to protests in the Persian country, as US President Donald Trump has threatened to hit Iran a few times.
In addition, Federal Reserve Chairman Jerome Powell said he is under federal criminal investigation related to the $2.5 billion renovation of the central bank’s headquarters. This also sent jitters among investors on Monday morning.
The Fed chief called it a "pretext" of the government aimed at putting further pressure on the central bank to lower rates.
Laughter Overload: India's Top Comics Bring Triple Trouble to Dubai This June
Dubai's comedy scene is about to get electrified as the blockbuster stand-up spectacle Triple Trouble storms into Emirates Theatre on June 21. Produced by AJ Entertainment, this exclusive one-night event assembles India's hottest comedy trio - Devesh Dixit, Kaustubh Agarwal and Vivek Samtani - for a laughter marathon that will leave your ribs aching.
Building Tomorrow Today: How Unipods is Transforming Construction Through Modular Excellence
With a focus on recyclable materials and energy-efficient production, Unipods is setting new standards for sustainable construction in alignment with UAE's green vision
Dubai gold pricerecord high24K goldDh550 per gramgold rate DubaiDubai gold rategold price todayDubai 24Kgold per gramUAE gold price
Pakistan Tightens Overseas Job Screening with New Verification Committee to Combat Illegal Migration
In a major move to regulate overseas employment, Pakistan has formed a specialized joint committee combining expertise from the Federal Investigation Agency (FIA) and Bureau of Emigration and Overseas Employment (BE&OE) to rigorously vet citizens applying for jobs abroad - particularly in Gulf nations like the UAE.
Young Professionals in MENA Redefine Careers: Growth Over Stability
A new generation of professionals across the Middle East and North Africa (MENA) region is breaking away from traditional career paths, with 40% of workers aged 18-25 having already held three or more jobs early in their careers, according to the 2026 MENA Salary Survey. This shift reflects a growing emphasis on personal growth, meaningful work, and workplace culture over conventional corporate loyalty.
Amina (name changed for privacy), a 27-year-old Syrian law graduate currently seeking her thi
Advertisement
Laughter Overload: India's Top Comics Bring Triple Trouble to Dubai This June
Dubai's comedy scene is about to get electrified as the blockbuster stand-up spectacle Triple Trouble storms into Emirates Theatre on June 21. Produced by AJ Entertainment, this exclusive one-night event assembles India's hottest comedy trio - Devesh Dixit, Kaustubh Agarwal and Vivek Samtani - for a laughter marathon that will leave your ribs aching.
Building Tomorrow Today: How Unipods is Transforming Construction Through Modular Excellence
With a focus on recyclable materials and energy-efficient production, Unipods is setting new standards for sustainable construction in alignment with UAE's green vision
Pakistan Tightens Overseas Job Screening with New Verification Committee to Combat Illegal Migration
In a major move to regulate overseas employment, Pakistan has formed a specialized joint committee combining expertise from the Federal Investigation Agency (FIA) and Bureau of Emigration and Overseas Employment (BE&OE) to rigorously vet citizens applying for jobs abroad - particularly in Gulf nations like the UAE.
Front page
Laughter Overload: India's Top Comics Bring Triple Trouble to Dubai This June
Dubai's comedy scene is about to get electrified as the blockbuster stand-up spectacle Triple Trouble storms into Emirates Theatre on June 21. Produced by AJ Entertainment, this exclusive one-night event assembles India's hottest comedy trio - Devesh Dixit, Kaustubh Agarwal and Vivek Samtani - for a laughter marathon that will leave your ribs aching.
Building Tomorrow Today: How Unipods is Transforming Construction Through Modular Excellence
With a focus on recyclable materials and energy-efficient production, Unipods is setting new standards for sustainable construction in alignment with UAE's green vision
Abu Dhabi Court Orders Ex-Employee to Repay Dh310,000 to Former Employer Over Unsettled Dues
In a significant employment dispute ruling, the Abu Dhabi Labour Court First Instance has ordered a former manager to compensate his ex-employer with approximately Dh310,000 for various financial obligations left unsettled after his resignation.
UAE Educators Push for Stronger School-University Ties Amid Updated Study Abroad Policies
Education leaders across the UAE are advocating for deeper collaboration between schools and universities following the nation's recent overhaul of international study regulations.
KT UniExpo 2026: Your Gateway to Global Education in the UAE
The most comprehensive higher education exhibition in the UAE, KT UniExpo, is set to welcome students and parents for its landmark 9th edition this September. Mark your calendars for September 24-25, when The H Dubai will transform into an educational hub connecting aspiring scholars with world-class universities, exciting career opportunities, and valuable financial support options.
Abu Dhabi Launches Pioneering High-Altitude Drone Facility to Boost MENA's Aerospace Sector
Abu Dhabi has unveiled a groundbreaking new facility, marking the Middle East and North Africa's (MENA) first dedicated production hub for high-altitude unmanned aerial vehicles (UAVs). Operated by Mira Aerospace, a subsidiary of Space42, the state-of-the-art plant will manufacture over 20 advanced drones designed for civil, environmental, and defense applications.
UAE Boosts Private Sector Role in Space Ambitions with Local Contracts Push
The United Arab Emirates is accelerating private sector participation in its ambitious space program through increased contracts to domestic companies, as revealed during the high-profile 'Make it in the Emirates' conference this week.
UAE Leaders Unite in Festive Eid Al Fitr Celebrations at Qasr Al Mushrif
In a display of national unity and festive spirit, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan hosted an illustrious gathering of the nation's leadership to celebrate Eid Al Fitr. The special occasion brought together Supreme Council Members, Rulers of the Emirates, Crown Princes, Deputy Rulers and distinguished Sheikhs at the majestic Qasr Al Mushrif in Abu Dhabi.
Flight Cancellation Rights: Can You Get a Refund If Your Travel Agent Didn't Warn You?
Scenario: You booked a flight through a travel agency, only to discover later that your ticket is non-refundable. The agent claims they aren't obligated to return your money - but is this legally correct under UAE consumer protection laws?
Can Your Boss Deny Your Summer Vacation Leave? UAE Labor Law Explained
Summer vacation plans clashing with work schedules? Many employees face the frustrating situation where their leave requests get rejected because colleagues have already booked the same dates. What does UAE labor law say about your right to take annual leave?
In the UAE, employers have the authority to determine annual leave schedules based on business needs and operational requirements. However, this doesn't mean they can arbitrarily deny all your vacation requests. The law establishes clear g