Gold prices in the United Arab Emirates were broadly unchanged on Thursday, based on FXStreet data. Gold was priced at AED 557.44 per gram, compared with AED 557.37 on Wednesday.<\/p>\n
Gold was at AED 6,501.84 per tola, up from AED 6,501.11 a day earlier. Other listed prices were AED 5,574.38 for 10 grams and AED 17,338.20 per troy ounce.<\/p>\n
FXStreet converts international gold prices into AED using the USD\/AED rate and local units. The figures are updated daily at publication time and are for reference, as local prices may vary slightly.<\/p>\n
Gold has long been used as a store of value and a medium of exchange, and it is also used in jewellery. It is commonly used as a safe-haven asset and as a hedge against inflation and currency weakness.<\/p>\n
Central banks hold the most gold and may buy it to diversify reserves. They added 1,136 tonnes worth about $70 billion in 2022, the highest annual total on record, with China, India and Turkey increasing reserves.<\/p>\n
Gold often moves inversely to the US Dollar and US Treasuries, and can also fall when stock markets rise. Prices can be affected by geopolitics, recession fears, interest rates, and US Dollar strength.<\/p>\n
With gold prices holding steady near record highs, we see this as a period of consolidation before the next potential move higher. The metal’s role as a safe-haven asset is providing strong support, creating a solid base for future price action. Derivative traders should view this stability not as a lack of direction, but as a buildup of tension in the market.<\/p>\n
The primary driver for gold in the coming weeks will be the shifting expectations around U.S. interest rates and the corresponding effect on the dollar. Following the slightly cooler-than-expected March 2026 inflation report, which showed the Consumer Price Index at 2.9%, the probability of a summer rate cut from the Federal Reserve has increased to over 60%. This outlook is weighing on the U.S. Dollar, which has an inverse relationship with gold, making the precious metal more attractive.<\/p>\n
We are also watching the persistent buying from central banks, which continues to put a floor under the price. Following the record purchases we saw through much of 2025, recent data indicates that emerging market central banks, particularly the People’s Bank of China, added another 25 tonnes to their reserves in March 2026. This consistent demand from large, price-insensitive buyers is a powerful bullish signal that should not be ignored.<\/p>\n
Geopolitical instability is another key factor supporting the metal, reminding us of the flare-ups that caused market turbulence in late 2025. Renewed tensions in key global shipping lanes are prompting investors to seek safety, a role gold has historically played well during turbulent times. Any escalation in these conflicts will likely trigger a flight to quality, directly benefiting gold prices.<\/p>\n
Given these factors, we believe using options to construct bullish positions is the most prudent strategy. We are seeing increased interest in call options and bull call spreads with June and July 2026 expiries, targeting strike prices of $2,500 and above. This approach allows traders to position for potential upside while defining their risk in a market that remains sensitive to macroeconomic data releases.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" UAE gold prices were steady Thursday: AED 557.44\/gram, AED 6,501.84\/tola; safe-haven demand drivers included inflation, geopolitics.<\/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-44503","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\/44503","targetHints":{"allow":["GET","POST","PUT","PATCH","DELETE"]}}],"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=44503"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=44503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=44503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=44503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}