Gold Prices in Dubai Stay Firm as Market Pauses for Mild Correction
- 05 Nov, 2025
Gold Prices in Dubai Stay Firm as Market Pauses for Mild Correction
Gold prices in Dubai held their ground on Wednesday, with analysts calling the current movement a mild correction rather than a major shift in momentum.
Global spot gold dipped to $3,964.9 per ounce around 10am UAE time, while silver traded at $47.68. Local rates in Dubai inched up, with 24K gold priced at Dh478.50 per gram. Other key categories followed the same steady tone: 22K at Dh443, 21K at Dh424.75, and 18K at Dh364 per gram.
In simple terms, the market is catching its breath after recent gains, not reversing direction.
