UAE Gold Prices on July 5, 2026

On Sunday, July 5, 2026, gold prices in the UAE experienced a modest decline across all carats compared to Friday. Meanwhile, global gold prices recorded their first weekly gain in five weeks, driven by decreased expectations of an interest rate hike by the US Federal Reserve following weaker-than-expected employment data. The price of a gram of 24-karat gold was approximately $134.23, while 22-karat gold was around $123.05, 21-karat about $117.45, and 18-karat approximately $100.67. The price of an ounce of gold stood at about $4,175, and a kilogram bar was valued at approximately $135,173. Globally, gold concluded the week with gains supported by a weakening dollar and lowered expectations of US rate hikes, despite geopolitical concerns. The price fluctuated below the $3,950 per ounce level before recovering following comments from officials.

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