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Gold Prices Fall in Malaysia, India, Pakistan and UAE on Stronger Dollar

Gold prices declined across multiple Asian and Middle Eastern markets on Wednesday, June 24, 2026, as FXStreet reported lower local benchmarks in Malaysia, India, Pakistan and the UAE. The drops reflect a softer international gold price converted into local currencies amid a firmer US dollar and rising expectations of Federal Reserve rate hikes. Malaysia saw gold fall to MYR 541.21 per gram, India to INR 12,397.88 per gram, Pakistan to PKR 36,414.39 per gram and the UAE to AED 479.68 per gram. All updates are derived from USD-denominated spot prices and remain primarily informational rather than event-driven. The coordinated weakness reinforces short-term bearish sentiment for the precious metal.

Category

Gold

Sentiment

Bearish

Event

Market commentary

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