UAE Gold Prices Advance Across All Karats Tracking Global Bullion Gains on Softening Dollar
Gold prices in the United Arab Emirates recorded moderate gains across all karats during early morning trade on Monday, August 17, 2026, mirroring the upward momentum in international bullion markets.
Globally, spot gold extended its gains at the start of the trading week, bolstered by a softening U.S. dollar and cooling expectations of further interest rate hikes by the Federal Reserve in September 2026. The shift in investor sentiment follows recent macroeconomic data indicating a moderation in labor market metrics and easing inflationary pressures.
UAE Gold Price Breakdown (Monday, August 17, 2026)
According to regional pricing tracker data via gold-price, gold rates across retail karats, ounces, and bullion bars stood as follows:
Gold Category / WeightPrice in AEDEquivalent Price in USD
24-Karat Gold (Per Gram)AED 518.8$141.4
22-Karat Gold (Per Gram)AED 475.6$129.6
21-Karat Gold (Per Gram)AED 453.9$123.7
18-Karat Gold (Per Gram)AED 389.1$106.1
Gold OunceAED 16,137.1$4,397.1
1 Kilogram Gold BarAED 522,454.1$142,358.1
Key Market Drivers
Global Macro Backdrop: Support from a depreciating U.S. dollar and heightened market expectations that the Federal Reserve is nearing the end of its tightening cycle.
Bullion Demand: Steady institutional and retail demand in Dubai and Abu Dhabi, sustaining the 1kg bullion bar above the $142,000 mark.
Retail Benchmark: 21-karat and 22-karat jewelry gold firming above AED 450 and AED 475 per gram, respectively.