Dubai, March 28: Retail gold prices (gold rates) in Dubai surged on Saturday morning, March 28, marking a significant rebound following a period of steep declines throughout the month. The price of 24-karat gold rose to AED 541.50 per gram, up from the previous session's lows, as international spot markets reacted to fresh macroeconomic data and ongoing geopolitical tensions. Scroll below to see the 18K, 21K, 22K and 24K Dubai gold rate (gold prices) of today, March 28, in AED, USD and INR.

Market Dynamics and Global Cues

The overnight jump in bullion rates is largely attributed to a softening US Dollar and investor focus on upcoming inflation metrics. While gold has faced a difficult March - dropping nearly 15 per cent from its early-month peaks of over AED 600 - the current uptick suggests a stabilising floor for the precious metal. Gold Rate Today, March 28, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.

Analysts note that while high interest rate outlooks typically cap gold's gains, persistent economic uncertainty in the West is driving fresh "safe-haven" interest. In Dubai, the "City of Gold," this volatility has led to a shift in consumer behaviour, with many residents and tourists opting for lighter, budget-friendly 18k and 21k pieces.

Dubai Gold Rate As of Today, March 28, 2026

The following table provides the latest retail rates in Dubai, converted into US Dollars (USD) and Indian Rupees (INR) for international buyers and investors.

Dubai Gold Rate Today, March 28, 2026

Purity Unit Price (AED) Price (USD) Price (INR)
24K 1 Gram 541.50 147.45 13,895
10 Grams 5,415.00 1,474.50 1,38,950
1 Tola 6,316.03 1,719.86 1,62,075
22K 1 Gram 501.50 136.56 12,870
10 Grams 5,015.00 1,365.60 1,28,700
1 Tola 5,849.49 1,592.83 1,50,115
21K 1 Gram 480.75 130.91 12,335
10 Grams 4,807.50 1,309.10 1,23,350
1 Tola 5,607.41 1,526.47 1,43,885
18K 1 Gram 412.25 112.25 10,580
10 Grams 4,122.50 1,122.50 1,05,800
1 Tola 4,808.43 1,309.35 1,23,400

Note: Prices are based on retail market averages in Dubai and do not include making charges or VAT. Converted values are approximate based on current exchange rates (1 AED = 25.66 INR).

Local Retail Sentiment for Gold

Local jewellers report steady footfall despite the price hike, as buyers remain wary of further fluctuations. The current price levels are still significantly lower than the record highs seen in early 2026, which may encourage those who delayed purchases during the initial price surge to return to the market.

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(The above story first appeared on LatestLY on Mar 28, 2026 10:08 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).