
On Monday morning, March 9, 2026, gold shoppers in the UAE woke up to a welcome surprise at the jewelry counters. Following a month of aggressive price hikes that saw bullion flirting with record highs, local retail rates took a sharp Dh10 per gram dive.
This sudden correction, occurring as shops opened for the week, has provided a "brief window of relief" for residents and wedding shoppers who had been waiting for a dip in an otherwise expensive month.