Gold prices in the United Arab Emirates were broadly unchanged on Friday, based on FXStreet data. Gold was priced at AED 562.31 per gram, compared with AED 562.73 on Thursday.<\/p>\n
Gold was also steady at AED 6,558.62 per tola, down from AED 6,563.53 a day earlier. Other listed prices were AED 5,623.06 for 10 grams and AED 17,489.05 per troy ounce.<\/p>\n
FXStreet derives local gold prices by converting international prices using the USD\/AED rate and local measurement units. Prices are updated daily at the time of publication and are for reference, as local rates may differ slightly.<\/p>\n
Central banks are the largest holders of gold. They added 1,136 tonnes worth around $70 billion in 2022, according to the World Gold Council, the highest yearly purchase since records began.<\/p>\n
Gold often moves inversely to the US Dollar and US Treasuries, and can also move against risk assets. Its price may react to geopolitical instability, recession fears, and interest rate changes, as it is priced in US dollars (XAU\/USD).<\/p>\n
Gold prices are currently holding steady, which we see as a period of consolidation after a significant rally. This pause around the $2,370 per ounce level offers a moment to assess the market’s direction. For traders, this stability suggests the market is absorbing recent gains before its next major move.<\/p>\n
We believe the fundamental picture remains supportive for gold, largely due to central bank policy. When we look back, the Federal Reserve began its rate-cutting cycle in late 2025, and with March 2026 inflation data still showing a sticky 2.8%, real yields are expected to remain low. Markets are pricing in at least two more rate cuts this year, which typically boosts non-yielding assets like gold.<\/p>\n
Central bank demand continues to be a powerful underlying driver for the price. Official data showed that global central banks added another 800 tonnes to their reserves throughout 2025, signaling a continued strategy of diversification away from the US dollar. This institutional buying provides a strong floor for the market and absorbs physical supply.<\/p>\n
This trend is also reflected in currency markets, where the US Dollar Index (DXY) has trended lower, recently breaking below the 101 mark in the first quarter of 2026. A weaker dollar makes gold cheaper for holders of other currencies, which generally increases demand. The inverse correlation between the dollar and gold is a key relationship we are watching.<\/p>\n
Given these factors, the current price stability seems like a bullish consolidation. Derivative traders might consider this an opportunity to build long positions for the coming months. Using long-dated call options could be a strategic way to play expected upside, while bull call spreads could be used to limit costs and define risk in anticipation of a continued uptrend.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" UAE gold prices held steady Friday: AED 562.31\/gram and AED 6,558.62\/tola, FXStreet reported.<\/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-44607","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\/44607","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=44607"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/44607\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=44607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=44607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=44607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}