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 MoreDubai residents can now enjoy ChatGPT Plus for free. Discover why this AI upgrade is happening and what it means for users in the UAE. Learn more now.
Read MoreWe are incredibly excited to inaugurate our 9th branch in the world-renowned Gold Souk," said a spokesperson for Alhind Jewellery.
Read MoreIn a strategic move to streamline its operations, Emirates NBD, Dubai’s largest banking group by assets, has announced plans to complete its acquisition of Emirates Islamic Bank (EIB) and remove it from listing on the Dubai Financial Market (DFM).
Read MoreIn the mid-1970s, Dubai embarked on a transformative journey under the visionary leadership of Sheikh Rashid bin Saeed Al Maktoum. Amidst skepticism and a landscape dominated by desert sands, the foundation was laid for what would become the city's first skyscraper—the Dubai World Trade Centre (DWTC).
Read MoreOn June 4, 2025, U.S. President Donald Trump signed a proclamation implementing a travel ban that fully restricts entry into the United States for nationals from 12 countries. The countries affected by the full ban are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen.
Read MoreAs the race to qualify for the FIFA World Cup 2026 intensifies, Team UAE faces one of its most crucial fixtures yet. A high-stakes match against Uzbekistan tonight could determine the nation’s path to the prestigious tournament hosted by the USA, Canada, and Mexico.
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.
Read MoreUAE Citizens Now Enjoy 90-Day Visa-Free Stays in Japan Effective June 1, 2025, Emirati citizens holding ordinary passports can now stay in Japan for up to 90 days per visit without the need for a prior visa. This extension from the previous 30-day limit underscores the strengthening bilateral relations between the UAE and Japan.
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