The post Gold price in United Arab Emirates: Rates on March 26 appeared on BitcoinEthereumNews.com.

Gold prices fell in United Arab Emirates on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 356.04 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 356.63 it cost on Tuesday. The price for Gold decreased to AED 4,152.80 per tola from AED 4,159.70 per tola a day earlier. Unit measure Gold Price in AED 1 Gram 356.04 10 Grams 3,560.42 Tola 4,152.80 Troy Ounce 11,074.02   Daily digest market movers: Gold price underpinned by high inflation expectations The US 10-year T-note yield is down three basis points (bps) at 4.308%. US real yields drop three bps to 1.956% according to US 10-year Treasury Inflation-Protected Securities (TIPS) yields. The US Dollar Index (DXY), which tracks the performance of the Greenback against a basket of six currencies, drops 0.15% to 104.15. The CB Consumer Confidence in March fell from 100.1 to 92.9, missing estimates of 94. According to the CB, write-in responses to the survey showed “worries about the impact of trade policies and tariffs in particular are on the rise.” On Monday, Atlanta Fed President Raphael Bostic stated that he supports only one rate cut this year and doesn’t expect inflation to return to target until around 2027. FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it…

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Filed under: News - @ March 26, 2025 5:26 am