Gold Rates Today In Dubai Slips: 24K, 22K, 18K Gold Falls At Malabar, Joyalukkas, Muted At Kalyan, Tanishq

Gold rates in Dubai today slipped after a pause of two consecutive day. 24 carat gold price has declined by 633 in 10 grams and 6,324 in 100 grams in Indian rupees in Dubai. Not just that, gold rates tanked in several Indian jewelers branches in Dubai. These included Indian brands like Malabar Gold and Joyalukkas. However, gold price is unchanged in brands like Kalyan Jewellers and Tanishq.

Gold Rates In Dubai:

24 carat gold rate plunged by AED 25 to AED 5,610 in 10 grams, and was down by AED 2.50 in 1 gram to AED 561. Also, 100 grams gold price here slipped by AED 250 to AED 56,100.

In Indian rupees, the decline is as much as Rs 633 to Rs 1,41,911 per 10 grams, while 100 grams gold dropped by Rs 6,324 to Rs 14,19,111.

Under 22 carat, 10 grams gold price slipped by AED 22.50 to AED 5,195 and 100 grams gold tumbled by AED 225 to 51,950. The 1 gram gold here is lower by AED 2.25 to AED 519.50 on April 7.

The same 22 carat gold rates in Dubai translates to Rs 1,31,413 per 10 grams and Rs 13,14,132 per 100 grams, which are down by Rs 569 and Rs 5,692.

Last but not the least, 18 carat gold price dropped by AED 17.50 to AED 4,270 per 10 grams, while 1 gram gold here is down by AED 1.75 to AED 3,416. Lastly, 100 grams gold here tumbled by AED 175 to AED 42,700.

In Indian rupees, 18 carat gold is down by Rs 443 in 10 grams to Rs 1,08,014 and plummeted by Rs 4,427 in 100 grams to Rs 10,80,143.

That being said, let's compare which Indian golds and jewellery brand is selling gold rates at a cheaper rate in Dubai:

Tanishq Gold Rates Today:

22KT - AED 520.00 per 1 gram.
24KT - AED 561.50 Per 1 gram.

Tanishq Gold Rates Yesterday:

22KT - AED 520.00 per 1 gram.
24KT - AED 561.50 Per 1 gram.

Kalyan Jewellers Gold Rates Today:

24 kt : AED 561.50 Per 1 Gram
22 kt : AED 520.00 Per 1 Gram
21 kt : AED 498.50 Per 1 Gram
18 kt : AED 427.25 Per 1 Gram

Kalyan Jewellers Gold Rates Yesterday:

24 kt : AED 561.50 Per 1 Gram
22 kt : AED 520.00 Per 1 Gram
21 kt : AED 498.50 Per 1 Gram
18 kt : AED 427.25 Per 1 Gram

Malabar Gold Rates Today:

22 KT: AED 516.75 Per 1 Gram
24 KT: AED 558 Per 1 Gram

Malabar Gold Rates Yesterday:

22 Carat: AED 521.25 Per 1 Gram

24 Carat: AED 563 Per 1 Gram

Joyalukkas Gold Rates Today:

GOLD 24KT RATE: AED 558 Per 1 Gram

GOLD 22KT RATE: AED 516.75 Per 1 Gram

GOLD 18KT RATE: AED 424. 50 Per 1 Gram

Joyalukkas Gold Rates Yesterday:

24K Gold Rate: AED 561.50 Per 1 Gram

22K Gold Rate: AED 520 Per 1 Gram

18K Gold Rate: AAED 427.25 Per 1 Gram.

Gold & Silver Rates Outlook Ahead:

Ross Maxwell, Global Strategy Operations Lead, VT Markets said, "I expect gold and silver prices to remain volatile through the rest of the year, with a modest upward bias as long as macro conditions stay supportive. Gold may continue to benefit from its safe-haven appeal, especially if geopolitical tensions persist or economic growth slows, while silver could see more mixed performance given its role as an industrial metal if high energy prices persist and have a negative impact on global growth."

The key drivers for investors to look out for will be interest rates, inflation expectations, central bank policies, USD strength and geopolitical uncertainty.

He added, "If we start to see further interest rate cuts, then this is likely to support precious metals by reducing the opportunity cost of holding non-yielding assets. If we see higher inflation or financial instability then this would further boost demand, while a stronger USD could cap gains due to it being more expensive for foreign buyers."

What Should Investors Do?

For retail investors, Maxwell said, "it's vital to maintain a balanced and disciplined. Gold and silver can act as a hedge and help portfolio diversification, but they should not dominate allocations. Gradual accumulation rather than all-in investing can help manage volatility and help dollar cost averaging if we see sharp corrections. Staying focused on long-term objectives rather than short-term price swings is key in navigating this uncertain environment."

Disclaimer:The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.