UAE gold prices slip amid global market decline

Gold prices in the United Arab Emirates fell on Wednesday, 8 July 2026, following a broader drop in the global market where the ounce fell by more than $60 to $4,096. In the UAE, 24‑carat gold was quoted at 493.50 AED per gram, 22‑carat at 457.00 AED, and 21‑carat at 438.25 AED. The 18‑carat price was 375.50 AED per gram, while the gold pound was priced at 3,506 AED. The spot ounce price in the UAE reached 15,349.50 AED. The report noted that global factors such as central‑bank interest‑rate moves, oil price fluctuations, and supply‑demand dynamics influence gold prices. Dubai’s historic gold market continues to attract visitors, with government oversight ensuring product quality.