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Dubai gold prices hold on to gains to end the week above Dh500 levels

World Gold brief based on reporting byGulf News
Brief

Reported by Gulf News: “Dubai gold prices hold on to gains to end the week above Dh500 levels”. Gold settled at $4,162 an ounce on October 2, 2026 — $133.82 per gram, -0.95% on the day. The story touches the UAE: we track local prices and customs flows for those.

Why it matters

The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume. The COMEX settlement that session moved -0.95%, so the headline and the close diverge. The usual reason: an intraday move, a different currency, or a different horizon.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
  • reserve and import data: the UAE
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherGulf News
Data on this topicGold price today by currency
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