Another Jump In Dubai Gold Rate: 24K Gold Rate Close To Rs 95,000/Gram; Check Latest Rates On Monday, July 14

Dubai Gold Rate Today: Gold rate in Dubai has increased significantly over the past few days, and continued its upward trend on Monday, July 14 as well. The consecutive surge in Dubai gold rate over the past few days has come in the wake of heightened trade tensions and geopolitical uncertainty.

Dubai gold, which is popular for its purity and lesser additional costs like taxes, always remains high in demand among investors and jewellery buyers. Hence, the price fluctuations in Dubai gold rates also affect Indian investors and jewellery buyers.

Dubai Gold Rates Today

Dubai gold rate surged on Monday and inched closer to its all-time high mark. The price of 24 karat gold in Dubai surged to 404.75 AED (Rs 94,75.40) per gram from 404.5 AED. Whereas, the price of 22 karat gold in Dubai increased to 375 AED per gram from 374.5 AED on Sunday. The price of 18 karat gold in Duba stood at 306.4 AED per gram.

International Gold Rate Today

Surge in Dubai gold rate today aligned with a sharp surge in the international price of gold on Monday. The international gold rate today increased significantly and inched closer to their all-time high mark amid persistent tensions related to the trade uncertainty and tariff announcements by United States President Donald Trump.

International gold rate rose to around $3,360 per ounce on Monday reclaiming its three-week high territory, according to Trading Economics. Surge in international gold rates indicates a rising demand for the yellow metal sparked by a gold safe-haven rally due to geopolitical uncertainty. Recently, Donald Trump announced a higher 30% tariffs on Europeon Union and Mexico which were higher than the tariffs announced in April. The decision has sparked fears of retaliatory tariffs by other nations escalating tensions related to trade war.

Gold Price Outlook

Given the present geopolitical scenario, the international gold rates are likely to increase in the coming days.

"International Prices are expected to trade in the range of USD 3,300 - 3400/Oz. Domestic Prices can hover in the range of INR 98,500 - 99,500/10gms. For silver, prices are expected to be relatively stable," stated Colin Shah, MD, Kama Jewelry.

"Gold extended its rebound above the $3,300 mark last week, finding support from escalating trade tensions and safe-haven demand. Still, its upside now faces headwinds from rising momentum in broader commodities, particularly copper and silver. While geopolitical risks-amplified by tariff threats targeting BRICS-aligned nations and key partners like Japan and Canada-have underpinned gold's appeal, the metal's role as a crisis hedge may be losing steam as markets begin to price in a rotation towards industrial metals amid new tariff dynamics. Technically, gold faces resistance at $3,415 and $3,444 while support lies near $3,285 and $3,246," explained Riya Singh - Research Analyst, Commodities and Currency , Emkay Global Financial Services on Gold, Silver and Currency.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.