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March 5, 2026Dubai gold climbs above Dh621 after sharp fall amid volatile global markets
Gold buyers in Dubai saw prices bounce back sharply on Wednesday morning after a sudden drop a day earlier, with the recovery highlighting the intense volatility currently gripping global bullion markets.
The rebound follows a sharp correction earlier this week that briefly rattled buyers across the UAE, many of whom closely track daily movements before deciding whether to purchase jewellery or investment bars.
The price of 24-karat gold in Dubai stood at Dh621.25 per gram at around 9.30 am on Wednesday, compared with Dh614.25 on Tuesday. The 22-karat variety rose to Dh575.25 per gram from Dh568.75 a day earlier.
