Today, Thursday, October 30, 2025, gold prices in the UAE witnessed relative stability, as the price of a gram of 21 karat gold recorded about 429.75 UAE dirhams. This reflects the movement of the local market affected by global factors, and expectations indicate that there will be future changes that may affect prices. The market is showing signs of anticipation for possible developments in the global economy and decisions related to interest rates.
Looking at the details of the updated prices for each karat, we find that spot gold rose by 0.2% to reach $3,957.42 per ounce, while US gold futures contracts decreased by 0.1% to $3,977.76 per ounce. These movements indicate ongoing fluctuations in the market, which increases the importance of monitoring prices regularly to ensure knowledge of all developments.
Prices are distributed as follows: the price of a gram of 24 karat gold reached 484.00 dirhams, while 22 karat reached 474.25 dirhams, 18 karat reached 370.25 dirhams, and the price of a gold pound reached 3438.00 dirhams, in addition to an ounce, which recorded 12,581.25 dirhams. These prices reflect the current state of the market and the extent of its interaction with external factors.
Investors are awaiting important developments, including the Federal Reserve meeting next week, where the tone of talk about interest rates will receive great anticipation, especially since the markets may price in an interest rate cut of 25 basis points. These potential changes may have direct effects on the local market movement.
