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Gold prices in UAE dip on June 8 2026

Gold prices in UAE dip on June 8 2026

Gold prices in the UAE today, Monday, June 8, 2026, experienced a moderate decline across all categories compared to yesterday. The decline was driven by global factors, including concerns over rising U.S. interest rates and increasing inflation fears due to renewed fighting in the Middle East. Data indicates that the price of 24-karat gold was 508.7 AED ($138.6), 22-karat was 466.3 AED ($127.1), and 21-karat reached 445.1 AED ($121.3), while the 18-karat was 381.5 AED ($103.9). The price of an ounce of gold also dropped to approximately 15,822.5 AED ($4,311.3), and a 1-kilogram gold bar was around 512,267.6 AED ($139,582.5). Globally, gold prices declined by 0.4%, reaching $4,313.11 per ounce, amid rising U.S. Treasury bond yields and market expectations of a tightening monetary policy.

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