UAE Gold Prices Drop Slightly Tuesday

On Tuesday, September 15, 2026, gold prices in the UAE experienced a slight decline across all carats compared to yesterday's levels, while global prices remained steady after reaching their lowest point in over a month in the previous session. Investors are closely watching the Federal Reserve's decision on monetary policy. The price of 24-karat gold per gram reached approximately 508.2 AED (about 138.5 USD), 22-karat at 465.8 AED (about 126.9 USD), 21-karat at 444.6 AED (about 121.2 USD), and 18-karat at 381.1 AED (about 103.9 USD). The price of an ounce of gold in the UAE was around 15,805.6 AED (approximately 4,306.7 USD), and a 1-kilogram bar was about 511,718.7 AED (roughly 139,432.9 USD). The Federal Reserve is expected to raise the benchmark interest rate by a quarter of a percentage point in its upcoming decision, which could impact gold's appeal as a safe haven. As interest rates increase, the opportunity cost of holding non-yielding assets like gold also rises.

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