UAE Gold Prices Post Modest Gains Amid Mixed Global Cues – Sunday, August 16, 2026
Gold prices in the United Arab Emirates recorded a modest uptick at the opening of trading on Sunday, August 16, 2026, navigating shifting dynamics across international commodity markets.
Globally, bullion prices faced downward pressure as recent U.S. macroeconomic indicators—spanning employment data, inflation metrics, and retail sales—prompted investors to dial back expectations regarding the Federal Reserve’s interest rate path ahead of its September meeting.
UAE Retail Gold Price Benchmark
According to market data tracked by gold-price, 24-karat gold—the industry benchmark for purity—stood at AED 516.41 ($140.71) per gram, while 21-karat gold, the most popular retail jewelry denomination, traded at AED 451.86 ($123.12) per gram.
The table below details the latest prices per gram across various karats in both UAE Dirhams (AED) and US Dollars (USD):
Gold KaratPrice per Gram (AED)Equivalent (USD)
24-Karat516.41$140.71
22-Karat473.37$128.98
21-Karat451.86$123.12
18-Karat387.30$105.53