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Sunday, January 18, 2026
Dubai: Gold price jumps over Dh8 per gram to record high
By Vijay Valecha in 'Century in News'
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Vijay Valecha, January 18, 2026, Khaleej TImes
Investors are moving into safe-haven assets due to protests in Iran and rising tensions between the US and EU over Greenland
Gold and silver prices in Dubai started the week on a record high again, as the yellow metal rose over Dh8 per gram on Monday morning, amid mounting tensions after US President Donald Trump threatened to impose additional tariffs on the European Union over control of Greenland.
According to Dubai Jewellery Group data, 24K gold price jumped Dh8.25 per gram to Dh562, while 22K gold price rose Dh7.5 per gram to Dh520.25 per gram.
Among the other variants, 21K, 18K and 14K were also trading at a record high of Dh499.0, Dh427.75 and Dh333.5 per gram, respectively. Globally, gold jumped to $4671.72 per ounce, up 1.64 per cent, at 9.25 am UAE time. Similarly, silver also jumped to $94 per ounce, but was trading slightly slower at $93.19 at 9.25 am UAE time.
Source
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