24-karat gold rose to AED 470.50 per gram in the UAE, with the other karat grades also higher.
News Today Desk
24-karat gold rose to AED 470.50 per gram in the UAE, according to Dubai Jewellery Group rates.
The Dubai Jewellery Group publishes suggested daily retail prices, and its member showrooms display them. Here are the figures from 3 November 2026.
If you are buying gold jewellery, the price per gram is higher than in the previous session for the grades reported. Check the day's rate before you buy, since it changes daily.
Gold prices in the UAE rose, with 24-karat gold reaching AED 470.50 per gram in the suggested retail rates published by the Dubai Jewellery Group on 3 November 2026. The other karat grades were also priced higher in the same report, and the rates below are the figures you need if you're checking before a purchase.
| Karat | Price per gram (AED) |
|---|---|
| 24-karat | 470.50 |
| 22-karat | 435.75 |
| 21-karat | 417.75 |
| 18-karat | 358.00 |
| 14-karat | 279.25 |
Global gold was also moving on the same day. The Khaleej Times reported that the global spot price was up 0.44 per cent at $3,947.34 per ounce as of 9.10am UAE time, and that the 24K price in Dubai had traded at Dh476.25, up from Dh473.25 at the previous close, according to Dubai Jewellery Group data.
Analyst Tony Sage, CEO of Critical Metals, said markets were pricing in a 75 per cent probability of a US Federal Reserve rate hike in December, with a further increase expected next year. Higher interest rates tend to weigh on gold, so the market is watching the Fed closely.
Sage also pointed to oil and the Middle East. Progress toward a US and Iran deal, and a sustained fall in oil prices, could ease inflation worries and soften expectations for tighter monetary policy. Higher crude prices or stronger inflation signals could push yields up and weigh on gold.
Investors are likely to watch the outcome of the US midterm elections and any Fed comments in the coming weeks. Sage said central banks have continued to buy gold, adding a net 321 tonnes in the third quarter, the fastest pace since late 2024. That demand could support a recovery if rate-hike expectations ease.
Indicative, not investment advice. Rates are mid-market. Oil is the daily close. Gold is based on the international spot price. Updated 11:39 Dubai time. Exchange Rate API, FRED, gold-api.com.
WeatherShowers are possible in eastern and northern UAE on 4 November, while humidity brings fog or mist to Dubai and Abu Dhabi.
Government & Rules
Lifestyle
Weather
Lifestyle
