Gold Rate in Dubai UAE Today Hits 2317.50 AED per 10 Grams
The gold rate in Dubai, UAE today, September 14, 2023, has hit a new high of 2317.50 UAE Dirham (AED) per 10 grams of 24-karat gold. The price of 1 tola of 24-karat gold is 2703.09 AED.
This is an increase of 1.5% from the previous day’s price of 2295.00 AED per 10 grams of 24-karat gold. The increase in gold prices is due to a number of factors, including the ongoing war in Ukraine and the rising inflation in the United States.
Gold Rate in Dubai UAE Today – 14 September 2023
| Gold Unit | Gold Rate in AED |
|---|---|
| Gold 24K per 1 Gram | 231.75 |
| Gold 22K per 1 Gram | 214.50 |
| Gold 24K per 10 Grams | 2317.50 |
| Gold 22K per 10 Grams | 2145.00 |
| Gold 24K per Tola | 2703.09 |
| Gold 22K per Tola | 2501.89 |
The war in Ukraine has caused a spike in the price of oil and other commodities, which has also pushed up the price of gold. Gold is seen as a safe haven asset during times of economic uncertainty, so investors are buying it up to protect their wealth.
The rising inflation in the United States is also putting pressure on gold prices. Inflation is at a 40-year high, and this is making it more expensive for people to buy goods and services. As a result, people are turning to gold as a way to hedge against inflation.
The gold rate in Dubai is expected to remain high in the coming days and weeks. The ongoing war in Ukraine and the rising inflation in the United States are likely to continue to support gold prices.
If you are planning to buy gold in Dubai, it is important to do your research and compare prices from different dealers. You should also be aware of the factors that can affect the gold rate so that you can make an informed decision about when to buy.
Read more: Gold Rate In Pakistan
