Daily Forex, Gold, and Oil Price in UAE Monday March 4, 2025
- Publish date: Monday، 03 March 2025
As of March 4, 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 UAE Dirham (AED) maintains a stable peg to the US Dollar (USD), with 1 AED equaling approximately 0.2723 USD. This stability ensures consistent exchange rates for other major currencies as well. For the most accurate and up-to-date rates for currencies such as the Euro (EUR), British Pound (GBP), and others, it is advisable to consult official financial institutions or authorized exchange centers in the UAE.
Gold Prices:
Gold prices have experienced significant movements recently. As of March 3, 2025, gold was priced at approximately 338.62 AED per gram, marking an increase from the previous rate of 337.09 AED per gram on February 28, 2025. Analysts anticipate that gold prices may continue their upward trajectory, potentially reaching the $3,000 per ounce mark in the near term, driven by ongoing geopolitical uncertainties and aggressive trade policies.
Oil Prices:
Oil markets have experienced fluctuations influenced by various global factors. As of February 28, 2025, Brent crude futures were trading 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 prices, 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.
