Gold Prices Dip Slightly in the UAE Following Jackson Hole Fed Signals
Gold prices in the United Arab Emirates saw a minor decline across all karats on Sunday, August 30, 2026, compared to the close of last week's trading sessions.
The mild downward movement in local prices reflects global gold market trends following remarks delivered by Federal Reserve Chairman Kevin Warsh at the Jackson Hole Economic Symposium. The comments dampened recent bullion momentum by keeping the door open for potential US interest rate hikes in September.
Gold Prices per Gram in the UAE
KaratPrice (AED)Price (USD)
24-Karat525.67$143.20
22-Karat481.86$131.30
21-Karat459.96$125.30
18-Karat394.25$107.40
Ounce & Bullion Prices
UnitPrice (AED)Price (USD)
Gold Ounce16,350.00$4,455.00
1 Kilogram Bar529,347.90$144,236.50