Image Source: WOWNEWS24X7
On March 4, 2026, at 9:26 AM GST, gold prices in the United Arab Emirates rose, according to FXStreet data. The price stood at AED 609.18 per gram, up from AED 601.85 a day earlier. A tola climbed to AED 7,105.33, reflecting global safe-haven demand.
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Key Highlights
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Price movement: Gold in the UAE rose to AED 609.18 per gram, compared to AED 601.85 on March 3.
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Tola rates: The price per tola increased to AED 7,105.33, up from AED 7,019.88.
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Global cues: Gains were driven by heightened geopolitical tensions and rising crude oil prices, which boosted safe-haven demand for bullion.
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Investor sentiment: Analysts note that gold’s resilience reflects investor caution amid global volatility, with bullion remaining a preferred hedge against uncertainty.
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Regional impact: Dubai and UAE markets continue to mirror international spot gold trends, with local prices adjusted daily based on USD/AED exchange rates.
This uptick in UAE gold prices underscores the metal’s enduring role as a safe-haven asset. With global markets facing turbulence, investors are increasingly turning to bullion to preserve value and hedge against risk.
Sources: FXStreet, The Financial Express, Times Now
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