Gold Prices Dip Across India and UAE After Recent Rally
Market correction sees 24K gold fall by ₹88 per gram in India and AED 3 in UAE as traders book profits
Gold prices have witnessed a downward correction on November 12, 2025, across both Indian and UAE markets, reversing the upward trend observed in recent sessions. The decline indicates profit-booking activity among traders following yesterday’s price surge.
In India, 24-karat pure gold is now trading at ₹12,396 per gram, marking a decline of ₹88 from the previous day. The 22-karat variety, commonly used in jewelry, has dropped to ₹11,363 per gram, down by ₹81. Meanwhile, 18-karat gold is available at ₹9,297 per gram, showing a decrease of ₹66.
The UAE gold market has followed a similar pattern. Pure 24-karat gold is currently priced at AED 485 per gram, reflecting a drop of AED 3. The 22-karat gold stands at AED 445.42 per gram, down by AED 2.25, while 18-karat gold is trading at AED 363.75 per gram, also lower by AED 2.25.
Market analysts suggest that this correction comes after recent gains, as investors and traders lock in profits amid ongoing price volatility. The synchronized movement in both markets reflects global trends affecting precious metal valuations.
Buyers looking to purchase gold for jewelry or investment purposes may find this dip an opportune moment, though experts advise monitoring daily price movements before making significant purchases.
Gold continues to remain an important investment asset and cultural commodity in both India and the UAE, with prices subject to international market dynamics, currency fluctuations, and local demand patterns.
