Gold remained firmly in the spotlight in Dubai on Tuesday as investors kept a close watch on the precious metal amid mixed geopolitical signals and the ongoing tensions. Uncertainty over the Strait of Hormuz, an important route for global oil shipments, has added to market caution.
In Dubai, jewellery retailers such as Kalyan Jewellers, Joyalukkas, iGold and Malabar Gold & Diamonds have revealed rates for various gold purities, giving customers an idea of current market trends.
Gold Rates At Dubai Retailers
Joyalukkas (April 6, 2026, 12:05 p.m.)
24K Gold: AED 565.25
22K Gold: AED 523.25
18K Gold: AED 430.00
Malabar Gold & Diamonds (April 6, 2026, 4:52 p.m.)
Gold rate: AED 523.25
Kalyan Jewellers (April 6, 2026, 1:55 p.m.)
24K Gold: AED 565.25
22K Gold: AED 523.25
21K Gold: AED 501.75
18K Gold: AED 430.00
iGold (April 6, 2026, 1:17 p.m.)
24K Gold: AED 569.68
22K Gold: AED 527.44
21K Gold: AED 503.45
18K Gold: AED 431.53
UAE Dirham Exchange Rate And Duty-Free Gold Limits
The UAE dirham (AED) is currently valued at Rs 25.33. Indian residents and long-term travellers can bring gold jewellery from Dubai duty-free up to 40 grams for women and 20 grams for men. Any gold beyond these limits, up to one kilogram, is subject to applicable customs duties. Duty-free allowance applies only to jewellery, while gold bars and coins attract duty from the first gram.
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Geopolitical Tensions Affect Investor Sentiment
Dubai's gold market remains under close watch as global uncertainties persist. On Sunday, US President Donald Trump issued a social media warning, saying Iran would be “living in hell” if it did not reopen the Strait of Hormuz, and threatening attacks on the country's power plants and bridges.
Iran has effectively kept the Strait closed through targeted strikes on oil tankers. This waterway connects the Persian Gulf to global markets, and before the war, around 20% of the world's oil supply passed through it.
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In response, Iran rejected Trump's threats, stating that the Strait would only be fully reopened once Tehran received compensation for damages caused by the war.
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