UAE gold prices decline June 5

Today in the UAE, Friday, June 5, 2026, gold prices experienced a slight decline across all purities compared to yesterday's levels. This comes amid a global downturn that has led to weekly losses due to escalating tensions in the Middle East, rising inflation, and investors' fears of interest rate hikes. According to the relevant website data, the price of 24-carat gold was approximately 524.5 Dirhams (142.9 USD), 22-carat at 480.8 Dirhams (131.1 USD), and 21-carat at 458.9 Dirhams (125.1 USD). Additionally, the price of an ounce of gold reached 16,314.9 Dirhams (4,445.5 USD), and a 1-kilogram gold bar was around 528,208.5 Dirhams (143,926.1 USD).

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