GeriGold Prices Surge Across Gulf Cities Amid US-Iran Tensions, Strait of Hormuz Disruptions

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Economic Times24.04.2026BusinessIndia

Gold Prices Surge Across Gulf Cities Amid US-Iran Tensions, Strait of Hormuz Disruptions

Gold rates in Dubai, Abu Dhabi, Doha, Riyadh, Jeddah, Kuwait City and Muscat on April 24, 2026

gold prices gulf region dubai

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Gold prices in major Gulf cities including Dubai, Abu Dhabi, Doha, Riyadh, Jeddah, Kuwait City and Muscat are drawing attention due to escalating US-Iran tensions, disruptions in the Strait of Hormuz and rising Brent crude prices.
As of April 24, 2026, 24k gold in Dubai is AED 564.25 per gram, while rates vary across other Gulf cities with 24k gold ranging from OMR 59.25 in Muscat to KWD 47.14 in Kuwait City.

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Gold prices in major Gulf cities including Dubai, Abu Dhabi, Doha, Riyadh, Jeddah, Kuwait City and Muscat are drawing attention due to escalating US-Iran tensions, disruptions in the Strait of Hormuz and rising Brent crude prices. As of April 24, 2026, 24k gold in Dubai is AED 564.25 per gram, while rates vary across other Gulf cities with 24k gold ranging from OMR 59.25 in Muscat to KWD 47.14 in Kuwait City.

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