Gold prices in the UAE remained stable during early trading across local markets. Prices showed only a slight daily decline despite ongoing global economic pressure.
In the UAE, 24K gold traded at 547.25 dirhams per gram. This marked a small drop from the previous close. Meanwhile, other categories also moved slightly lower.
For example, 22K gold reached 506.75 dirhams per gram. In addition, 21K gold traded at 486 dirhams per gram. Furthermore, 18K gold stood at 416.50 dirhams per gram. Finally, 14K gold reached 325 dirhams per gram.
Globally, spot gold traded near 4,562 dollars per ounce. At the same time, silver rose by nearly 2 percent during the session. These movements created mixed signals across precious metals markets. Investors reacted to central bank decisions. The US Federal Reserve held interest rates steady. This decision influenced global sentiment around gold.
The UAE Central Bank also kept its benchmark rate unchanged. It maintained the rate at 3.65 percent, following the US dollar peg system. As a result, analysts linked higher inflation to weaker expectations for rate cuts. They also noted that tighter policy often reduces gold demand. Therefore, markets adjusted their outlook carefully.
Inflation data added further pressure to investor sentiment. US inflation rose to 3.3 percent in March 2026. At the same time, energy costs increased sharply. Gasoline prices rose by more than 18 percent. Fuel oil also surged by over 40 percent. Consequently, inflation concerns continued to shape market behavior.
Market experts also highlighted strong expectations for rate stability. They pointed to a near 99 percent chance of no change in the next meeting. This reduced speculation about short-term cuts. In addition, investors monitored leadership discussions at the Federal Reserve. Market participants debated future policy direction. However, uncertainty remained high.
Furthermore, exchange-traded fund flows showed mixed movement. Large outflows appeared earlier in the year. Although inflows returned later, they remained limited. Because of this, gold upside potential stayed restricted. Central bank buying still supported long-term demand. However, monthly demand remained below average levels.
Gold prices UAE stayed within a narrow range. Investors continued to watch inflation, interest rates, and global policy signals. As a result, gold prices UAE reflected cautious market sentiment.
