Dubai Gold Price: Stable at Dh374, But Diamonds Offer Powerful 75% Discounts

As of July 3, 2025, the Dubai gold price stands steady at Dh374 per gram for 22 karat gold, according to data from the Dubai Gold & Jewellery Group. While gold prices have remained high, the spotlight this summer is on the diamond jewelry market, where retailers are offering powerful discounts of up to 75%. These promotions, part of the Dubai Summer Surprises (DSS) 2025, are drawing crowds to the city’s iconic Gold Souk and its extension, as shoppers seize the opportunity to purchase luxury items at significantly reduced prices. The Dubai Gold Price Landscape The Dubai gold price has seen minor fluctuations recently, with 22 karat gold priced at Dh374 per gram, down slightly from its peak above Dh380 earlier this year. This stability follows a period of volatility, with prices influenced by global economic factors such as interest rate expectations and currency fluctuations. According to recent report, the current Dubai gold price for 22K is competitive compared to recent highs, making it an attractive time for investors and jewelry enthusiasts alike. Gold TypePrice per Gram (AED)Change from July 1, 2025  22 Carat          374.00    -0.50  24 Carat          403.75    -0.25  18 Carat          306.00    -0.50 Despite