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2026-09-29T09:40:00.000Z

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الاقتصادية - CNN

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UAE Gold Prices September 29

UAE Gold Prices September 29

On Tuesday, September 29, 2026, gold prices in the UAE experienced relative stability across all karats compared to the previous day, with a slight increase in global gold prices. However, they remain close to their lowest levels in over seven weeks amid concerns over the prolonged rise in U.S. interest rates. The price of 24-karat gold per gram reached approximately $132.9, 22-karat at $121.8, 21-karat at $116.3, and 18-karat at $116.6. Meanwhile, the price of an ounce of gold was around $4,132.3, and a 1-kilogram bar was approximately $133,787.8. Gold futures declined slightly, and geopolitical tensions continue to be the most significant factor affecting the precious metal's price. Although gold is considered a hedge against inflation, rising interest rates are putting downward pressure on its prices due to investors' preference for interest-bearing assets.

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