Gold Falls to $3,312 Globally, UAE Buyers Eye Dh373 Price Mark

By Faizal

11 Jun 2025

Gold Falls to $3,312 Globally, UAE Buyers Eye Dh373 Price Mark

Gold prices dropped slightly on Tuesday. The global rate for gold is now $3,312 per ounce.

This small fall came after the United States and China made progress in trade talks. These talks reduced the need for investors to buy gold as a safe option.

In Dubai, 22K gold is trading at Dh373 per gram. 24K gold is just over Dh400 per gram.

Buyers in the UAE are still interested, but many are waiting to see if prices drop more. If global rates fall to around $3,200, Dubai prices may also come down.

Experts Still Expect Prices to Go Up

Experts at UBP, a financial group, say gold prices could rise again soon. They expect:

$3,400 by June
$3,600 by September
$4,000 by March 2026

Reasons include high debt in large countries, ongoing inflation, and central banks, especially China, buying more gold.

Good Time to Watch Prices

For now, UAE buyers see Dh373 per gram for 22K gold as a fair price. But if it falls to Dh360, Dh365, many may start buying again.

Markets are also watching this week’s U.S. Treasury auctions. If demand is low, more people may turn to gold again, which could push prices up.

Written by

Faizal

Faizal is an experienced content creator and writer with a strong focus on business trends, economic developments, and emerging opportunities across the Gulf region. His work reflects a keen understanding of evolving markets, industry dynamics, and the factors shaping the region’s business landscape. With a research-driven approach, Faizal transforms complex market developments into clear, informative, and actionable insights for professionals, entrepreneurs, and business leaders. His content aims to provide valuable perspectives on key economic trends and developments influencing businesses across the Gulf.