Gold Price Today per Gram 18K: Gold Price Update in the UAE, Kuwait, and Qatar

By

Ludea

1 December, 10:46

Gold price today per gram
18k Gold price today per gram in UAE, Kuwait and Qatar

Gold price today per Gram of 18K gold in the Middle East region has fallen again in today’s trading. Three major countries, the United Arab Emirates (UAE), Kuwait, and Qatar, recorded simultaneous corrections after global markets experienced pressure from the strengthening of the US dollar and rising bond yields. The lack of positive sentiment in the commodity market further exacerbated this pressure. As regional gold trading centers, price changes in these three countries often serve as a barometer for market players. Below is a complete report and the latest analysis of Gold price today per Gram 18K gold price movements in each country based on research by the Price in UK editorial team.

Gold Price Today per Gram 18K in UAE, Kuwait dan Qatar

Gold Price Today per Gram of 18K Gold in UAE

Gold price today per Gram
Gold price today per Gram in UAE

1 Gram: 374.82 AED

10 Grams: 3,748.20 AED

18K Gold Price Overview (UAE):

  1. Current Price: 374.38 AED
  2. Opening Price: 375.53 AED
  3. Today’s Low: 372.45 AED
  4. Today’s High: 376.97 AED
  5. Price Change: -1.15 AED
  6. Percentage: -0.31%

The slight decline in the UAE indicates external pressure, but the fluctuation is still moderate. The price range between 372.45–376.97 AED shows that the market remains active, especially since Dubai is one of the world’s largest gold trading centers. Export activities and tourist spending also influence the demand for gold in this country. Despite experiencing adjustments, domestic demand remains stable.

Gold Price Today per Gram of 18K Gold in Kuwait

Gold price today per Gram
Gold price today per Gram in Kuwait

1 Gram: 31.34 KWD

10 Grams: 313.45 KWD

18K Gold Price Overview (Kuwait):

  1. Current Price: 31.34 KWD
  2. Opening Price: 31.49 KWD
  3. Today’s Low: 31.16 KWD
  4. Today’s High: 31.53 KWD
  5. Price Change: -0.14 KWD
  6. Percentage: -0.45%

Kuwait experienced the most significant decline today with a correction of -0.45%. One factor is the strengthening of the Kuwaiti dinar, which is the strongest currency in the world, causing the price of gold in local currency to fall in line with the strengthening of the US dollar. However, the price of gold in Kuwait remains stable in the long term due to high investment demand. Today’s high of 31.53 KWD shows that buying interest still exists.

Gold Price Today per Gram of 18K Gold in Qatar

Gold price today per Gram
Gold price today per Gram in Qatar

1 Gram: 371.46 QAR

10 Grams: 3,714.56 QAR

18K Gold Price Overview (Qatar):

  1. Current Price: 495.14 QAR
  2. Opening Price: 496.30 QAR
  3. Today’s Low: 492.29 QAR
  4. Today’s High: 498.26 QAR
  5. Price Change: -1.16 QAR
  6. Percentage: -0.23%

The decline in gold prices in Qatar is the lowest when compared to the other two countries. The gold market in Qatar is relatively stable due to steady demand for jewelry, especially as holidays and traditional events approach. The daily price range of 492.29–498.26 QAR indicates fairly high activity, but not too much volatility.

Trend Analysis: Which Countries Are Under the Most Pressure?

  1. Largest decline: Kuwait (-0.45%)
  2. Smallest decline: Qatar (-0.23%)
  3. Highest price per gram: UAE
  4. Most stable market: Qatar

Based on the above information, it can be seen that fluctuations in the price of 18K gold in the Gulf region are still greatly influenced by global conditions. The strength of the US dollar, policies planned by central banks, inflationary pressures, and political uncertainty are the main factors causing the current adjustment in gold prices. However, in general, this adjustment is considered normal in the daily cycle of gold prices. The markets in the three countries show no signs of extreme pressure or massive sell-offs.

Gold prices in the UAE, Kuwait, and Qatar experienced slight declines today. However, buyer interest remained unchanged, and the market remained stable. As prices are in a correction phase, this could be an opportunity for short-term investors.

Also read: Silver Prices Reach New Heights and Take the Lead – Price in UK

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