UAE Gold Prices Fall September 2

Today, Wednesday, September 2, 2026, gold prices in the UAE experienced a moderate decline across all denominations. This came as gold prices worldwide dropped to their lowest level in over three weeks due to rising oil prices and Middle East tensions, which heightened fears of inflation and higher interest rates. The price of 24-karat gold per gram was approximately 508.3 dirhams ($138.5), while 22-karat gold was about 465.9 dirhams ($126.9). The price of an ounce of gold reached 15,810.8 dirhams ($4,308.1). Additionally, gold prices in global markets declined as investors continued to monitor US employment data to assess the trajectory of monetary policy.

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