Daily Forex, Gold and Oil Price in UAE Mar. 1 2025
- Publish date: Saturday، 01 March 2025
As of March 1, 2025, here are the latest updates on foreign exchange rates, gold prices, and oil prices in the United Arab Emirates (UAE):
Foreign Exchange Rates:
The exchange rate between the UAE Dirham (AED) and the US Dollar (USD) remains stable due to the Dirham's peg to the Dollar. As of February 28, 2025, 1 AED equals 0.2723 USD. wise.com
Gold Prices:
Gold prices have seen an upward trend recently. As of February 28, 2025, gold reached a record high of $2,639.40 per troy ounce, influenced by factors such as interest rate cuts by the Federal Reserve and geopolitical tensions in the Middle East. thetimes.co.uk
Oil Prices:
Oil prices have experienced fluctuations due to various global factors. As of February 28, 2025, Brent crude futures were at $73.26 per barrel, while U.S. West Texas Intermediate (WTI) crude futures stood at $70.04 per barrel.
In the UAE, the Fuel Price Committee has announced the retail fuel prices for March 2025:
| Fuel Type | Price per Liter (AED) |
|---|---|
| Super 98 | 2.73 |
| Special 95 | 2.61 |
| E-Plus 91 | 2.54 |
| Diesel | 2.77 |
These prices reflect a slight decrease compared to February 2025.
Please note that currency exchange rates, gold, and oil prices are subject to market fluctuations. For the most current information, it's advisable to consult official financial institutions or authorized exchange centers in the UAE.
