Gold Prices in the UAE Edge Higher on August 3 Amid Global Fluctuations
Gold prices in the United Arab Emirates (UAE) experienced a slight increase across all carats on Monday, August 3, 2026, compared to the previous day's levels.
Globally, gold prices rose on Monday as oil prices retreated. This shift occurred after U.S. President Donald Trump called off a new strike on Iran in hopes of reaching a swift agreement, a move that slightly eased market concerns regarding inflation and potential interest rate hikes.
Gold Prices in the UAE Today
According to the "gold-price" platform, which tracks the rates of the yellow metal across Arab countries, the latest updates for gold prices in the UAE on Monday are as follows:
24-Carat Gold: The price per gram reached approximately AED 479.1 ($130.5).
22-Carat Gold: The price per gram stood at AED 439.2 ($119.7).
21-Carat Gold: The price per gram recorded AED 419.2 ($114.2).
18-Carat Gold: The price per gram was estimated at AED 359.3 ($97.9).
Gold Ounce: The price per ounce in the UAE reached AED 14,901.5 ($4,060.4).
1-Kilogram Gold Bullion: The price for a 1-kilogram gold bar reached approximately AED 482,449.9 ($131,457.7).