UAE Gold Prices Stable on September 1

Gold prices in the UAE experienced a slight decline on Tuesday, September 1, 2026, across all denominations compared to the previous day. This follows a global drop in gold prices due to increasing tensions in the Middle East and anticipation of U.S. employment market data that could influence interest rate trends. The price of 24-karat gold per gram stood at around 522.4 AED (142.3 USD), 22-karat at 478.9 AED (130.5 USD), and 21-karat at 457.1 AED (124.6 USD). Additionally, the price of an ounce of gold in the UAE was 16,248.4 AED (4,427.4 USD), and a one-kilogram gold bar was valued at 526,055.5 AED (143,339.4 USD). Globally, the price of an ounce dropped by 0.8%, reaching $4,417.04, amid rising inflation concerns and the impact of geopolitical tensions on the markets.

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