{"id":30194,"date":"2026-03-09T10:59:49","date_gmt":"2026-03-09T10:59:49","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30194\/"},"modified":"2026-03-09T10:59:49","modified_gmt":"2026-03-09T10:59:49","slug":"fxstreet-compiled-data-shows-gold-prices-in-the-united-arab-emirates-dropped-with-declines-reported-on-monday","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30194\/","title":{"rendered":"FXStreet-compiled data shows gold prices in the United Arab Emirates dropped, with declines reported on Monday"},"content":{"rendered":"Gold prices in the United Arab Emirates fell on Monday, based on FXStreet data. Gold was priced at AED 600.72 per gram, down from AED 608.57 on Friday.\n\nGold also dropped to AED 7,006.65 per tola from AED 7,098.24 on Friday. Other listed prices were AED 6,007.17 for 10 grams and AED 18,684.40 per troy ounce.\n\n<h3>How FXStreet Calculates Local Gold Rates<\/h3>\nFXStreet converts international gold prices into local rates using the USD\/AED exchange rate and local measurement units. Prices are updated daily at the time of publication and are for reference, as local rates may vary slightly.\n\nCentral banks are the largest holders of gold and may buy it to diversify reserves. In 2022, central banks added 1,136 tonnes of gold worth about $70 billion, the highest annual total on record.\n\nGold can move inversely to the US Dollar and US Treasuries, and it may also move opposite to risk assets such as shares. Its price can also react to geopolitical events, recession fears, and interest-rate changes, and it is commonly priced in US dollars (XAU\/USD).\n\nThe recent dip in gold to around 600 AED per gram should be seen as a minor fluctuation rather than a new trend. For traders using derivatives, this small pullback could represent a window of opportunity. The fundamental reasons for holding gold have not weakened, suggesting this price softness may be temporary.\n\n<h3>Key Market Drivers In Focus<\/h3>\nWe are paying close attention to US interest rate expectations, as markets are currently pricing in a more than 70% chance of a rate cut by mid-2026. After the restrictive monetary policy we saw through 2024 and 2025, this shift is significant for a non-yielding asset like gold. The US Dollar Index (DXY) has already reflected this sentiment, falling from its highs in the last quarter of 2025.\n\nThe battle against inflation remains a supporting factor, as it proved to be persistent throughout 2025, with core inflation figures rarely dropping below 3.5% in the United States. This environment makes gold a valuable hedge against the slow erosion of purchasing power. Geopolitical instability also continues to provide a solid base of support for safe-haven assets.\n\nWe also see sustained physical demand from a key source: central banks. Following the record-breaking acquisitions seen in 2022 and 2023, data from the World Gold Council confirmed that central banks collectively purchased another 1,037 tonnes in 2024 and maintained a similar pace in 2025. This consistent buying creates a strong price floor and limits the potential for any major downside.\n\nTherefore, we believe traders should consider buying call options or using futures to gain long exposure on these price dips. The inverse correlation to falling treasury yields, which have declined steadily since late 2025, provides another tailwind. The current market conditions suggest a strategy that favors upside potential in the coming weeks.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>UAE gold prices fell Monday, with gram and tola rates lower; FXStreet cites currency, volatility factors.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30194","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30194"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30194\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}