Gold and silver prices continue to climb in Dubai as investors moved toward safe-haven assets amid ongoing military tensions in the Middle East.

According to market data, 24-karat gold was trading at AED 623.25 per gram when markets opened on Thursday, March 5th, 2026, up from AED 619.25 per gram at the previous night’s close—marking an increase of AED 4 per gram.

The rise comes as global investors increasingly turn to precious metals during periods of geopolitical instability, with heightened regional tensions and broader international uncertainty pushing demand for traditional safe-haven assets such as gold and silver.

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