Despite high gold prices in Dubai, budget-focused jewellery buyers are still active in the market, with plain gold chains and bangles under Dh3,000 seeing steady demand. These simple, no-frills pieces come with minimal making charges, making them an attractive option for shoppers looking to invest in gold without stretching their budget.
Gold prices have seen a sharp surge this week, with investors worldwide flocking to the traditional safe-haven asset amid intensifying global economic concerns. The rally comes in response to a perfect storm of market volatility, including stalled U.S. trade negotiations, mounting expectations of interest rate cuts by the Federal Reserve, and sustained weakness in the U.S. dollar.
Read MoreWhich month has the lowest gold price in the UAE in 2025? Discover insights from jewelers in the UAE and plan the best time to buy. Learn more now.
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