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The Times of India
The Times of India
World
TOI World Desk

Dubai souks buzz as gold prices crash over Dh50 in UAE: Eid ul Fitr 2026 shoppers rush to buy

After weeks of soaring prices that kept many buyers on the sidelines, gold has finally taken a sharp turn in the UAE, dropping over Dh50 from its March peak and triggering a surge in last-minute Eid shopping across Dubai’s jewellery markets. For shoppers who had been waiting patiently, the dip has arrived just in time and for the gold market, it has sparked a familiar Ramadan pattern of hesitation, followed by a sudden rush.

What’s happening to gold prices in the UAE?

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