Gold Prices in UAE Drop Amid Ceasefire Talks Failure
- Publish date: Tuesday، 28 April 2026 Reading time: 1 min read
UAE gold prices decline following global market trends and geopolitical developments.
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Gold prices in the UAE witnessed a drop on Tuesday morning, reflecting the global market trends following the latest geopolitical developments. The 24K gold price was trading at Dh562.50 per gram, down from Dh565.75 per gram at the market close on Monday.
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Other gold variants also experienced slight declines, with 22K trading at Dh520.75 per gram, 21K at Dh508.75 per gram, 18K at Dh499.25 per gram, and 14K at Dh428.0 per gram.
On the global stage, spot gold shed approximately $26.96 (Dh102) and was trading at $4,652.74 (Dh17,083.13), a reduction from Dh17,335.9 recorded at Monday’s market close. Silver prices also dropped, down by 2.45, trading at $73.79 (Dh271.15).
Analysts have highlighted the impact of geopolitical tensions on the precious metals market. They believe the outlook for gold will remain heavily influenced by how these geopolitical developments unfold.
AI contributed to the creation of this article.