{"id":4615,"date":"2026-07-01T14:15:35","date_gmt":"2026-07-01T14:15:35","guid":{"rendered":"https:\/\/paksouch.com\/?p=4615"},"modified":"2026-07-01T14:15:35","modified_gmt":"2026-07-01T14:15:35","slug":"dubai-gold-prices-fall-to-one-month-low","status":"publish","type":"post","link":"https:\/\/paksouch.com\/?p=4615","title":{"rendered":"Dubai gold prices fall to one-month low"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>DUBAI: Gold prices in Dubai declined further on Wednesday, July 1, 2026, dropping their lowest level in nearly a month and offering relief to jewellery buyers after a sustained pullback from recent highs.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Dubai Jewellery Group, 24-karat gold was priced at Dh481.50 per gram at the market opening, down from Dh485.25 a day earlier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, 22-karat gold fell to Dh446 per gram, compared with Dh449.25 on Tuesday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest decline means 24-karat gold has dropped Dh3.75 per gram in a single day, while 22-karat gold has become Dh3.25 per gram cheaper.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dubai gold prices have now declined for the third consecutive day. The price of 24-karat gold eased from Dh492.75 per gram on June 28 to Dh485.75 on June 29, Dh485.25 on June 30, and Dh481.50 on July 1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest drop has pushed local gold prices to their lowest level in about a month. Since trading at Dh542.50 per gram on June 2, 24-karat gold has fallen by Dh61 per gram, while 22-karat gold has declined from Dh502.25 to Dh446 per gram, a decrease of Dh56.25 per gram.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overall, 24-karat gold has lost more than 11% from its June 2 level, marking a significant correction after prices hovered near record highs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>International bullion market<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The decline in Dubai prices mirrored weakness in the international bullion market, where gold extended losses for a third straight session. Investors continued to assess expectations for US monetary policy and monitor developments surrounding US-Iran diplomatic talks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Spot gold slipped below $3,980 an ounce after losing 2% over the previous two sessions, taking prices to their lowest level since November.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Market analysts attributed the decline in precious metals to improving global risk sentiment and easing geopolitical tensions, which reduced demand for safe-haven assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the recent downturn, analysts said gold remains an important hedge against inflation, currency depreciation, and broader economic uncertainty.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI: Gold prices in Dubai declined further on Wednesday, July 1, 2026, dropping their lowest level in nearly a month and offering relief to jewellery..<\/p>\n","protected":false},"author":1,"featured_media":4616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"featured_image_urls":{"full":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1.png",953,467,false],"thumbnail":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1-150x150.png",150,150,true],"medium":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1-300x147.png",300,147,true],"medium_large":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1-768x376.png",768,376,true],"large":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1.png",953,467,false],"1536x1536":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1.png",953,467,false],"2048x2048":["https:\/\/paksouch.com\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-01-191438-1.png",953,467,false]},"author_info":{"info":["admin"]},"category_info":"<a href=\"https:\/\/paksouch.com\/?cat=8\" rel=\"category\">Business<\/a>","tag_info":"Business","comment_count":"0","_links":{"self":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/4615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4615"}],"version-history":[{"count":1,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/4615\/revisions"}],"predecessor-version":[{"id":4617,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/posts\/4615\/revisions\/4617"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=\/wp\/v2\/media\/4616"}],"wp:attachment":[{"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paksouch.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}