Gold prices in Dubai continue to climb, reaching new record highs as global and local factors drive strong demand for the yellow metal. On Tuesday morning, 22K gold prices rose to AED 408 per gram, while the 24K variant jumped to AED 440.50 per gram, according to the latest Dubai Jewellery Group data.
This consistent upward trend has made gold one of the most closely watched commodities in the UAE market. With prices breaking past critical psychological levels, both buyers and investors are now wondering: Should you buy, hold, or sell at this stage?
Latest Gold Rates in Dubai (September 2025)
As of today’s morning session in Dubai’s gold market, the official rates are as follows:
- 24K Gold – AED 440.50 per gram
- 22K Gold – AED 408.00 per gram
- 21K Gold – AED 391.00 per gram
- 18K Gold – AED 335.00 per gram
These prices reflect steady gains across all categories, with the 21K variant now edging closer to the AED 400 mark for the first time in history.
Why Are Dubai Gold Prices Rising So Sharply?
Several global and regional factors are driving this surge in gold prices:
- Expectations of US Monetary Policy Easing – Analysts believe the US Federal Reserve may cut interest rates sooner than expected, weakening the dollar and boosting gold demand.
- Central Bank Gold Buying – Central banks around the world have been steadily increasing their gold reserves, further supporting prices.
- Weak US Jobs Data – Poor non-farm payroll results in the US have fueled speculation about rate cuts, which usually benefits gold.
- Geopolitical Tensions – Ongoing political turbulence in Japan and other regions has strengthened gold’s role as a safe-haven asset.
- Weaker US Dollar – A declining dollar has made gold more attractive to international investors, adding upward momentum.
According to Dilin Wu, Research Strategist at Pepperstone, “Gold bulls have been unstoppable, breaking through $3,600 last week. Now, with the metal trading above $3,650, all eyes are set on the next milestone of $3,700 per ounce.”
Linh Tran, Market Analyst at XS.com, added, “In the medium term, if a genuine monetary easing cycle takes place, gold’s uptrend will continue. A lower-rate environment, combined with a weaker dollar, creates the perfect setting for sustained growth in gold prices.”
Spot Gold Crosses $3,650 – Next Stop $3,700?
On the global stage, spot gold traded at $3,655.32 per ounce at 9:30 AM UAE time, breaking past the $3,650 resistance level. Market observers suggest that the next key psychological barrier is $3,700 per ounce.
The rally has been supported by:
- Weaker US employment figures
- Increased central bank buying
- Rising geopolitical risks
- Safe-haven demand from investors worldwide
If upcoming US CPI and PPI data also point toward economic weakness, gold could see another strong rally in the coming weeks.
Should You Buy, Hold, or Sell Gold in Dubai?
For UAE residents and investors, the big question is whether now is the right time to take profits or continue holding.
- Short-term view: Many analysts recommend holding on for now, as gold prices are expected to stay strong in the coming weeks. Selling too early could mean missing out on further gains.
- Medium-term risks: However, after such a strong rally, there is always the risk of profit-taking in the market, which could temporarily pull prices down.
- Long-term outlook: Gold remains a strong hedge against inflation and currency volatility. For investors looking at long-term stability, gold still offers value even at higher levels.
Summary Table – Dubai Gold Rates Today
| Gold Purity | Price per Gram (AED) | Trend |
| 24K | 440.50 | 🔼 Rising |
| 22K | 408.00 | 🔼 Rising |
| 21K | 391.00 | 🔼 Rising |
| 18K | 335.00 | 🔼 Rising |
Key Takeaways
- Dubai gold prices have hit record highs, with 22K at AED 408 and 24K at AED 440.50 per gram.
- The rally is being fueled by US rate cut expectations, central bank buying, a weaker dollar, and geopolitical risks.
- Spot gold is trading at $3,655 per ounce, with analysts watching for the next milestone at $3,700.
For UAE residents, holding gold for now could deliver better returns, but caution is advised against sudden profit-taking.