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UAE Gold Prices Remain Stable

UAE Gold Prices Remain Stable

On Thursday, July 23, 2026, gold prices in the UAE remained notably stable, following a decline in global gold prices after reaching a two-week high due to escalating tensions and conflicts in the Middle East, which led to a surge in oil prices. The price of 24-karat gold per gram was approximately 486.6 AED (132.6 USD), 22-karat at 446.1 AED (121.5 USD), and 21-karat at 425.7 AED (116.1 USD). Meanwhile, the price of an ounce of gold was around 15,133.6 AED (4,123.6 USD), and a 1-kilogram gold bar was approximately 489,964.1 AED (133,505.2 USD). Globally, the price of the ounce stabilized at 4,132.01 USD after touching 4,165.87 USD in a previous session, as investors await the Federal Reserve's meeting to discuss the possibility of raising interest rates.

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