Gold prices in UAE rise to 24-karat on July 9, 2026

On Thursday, July 9, 2026, gold prices in the UAE experienced a gradual decline across all denominations compared to the previous day, with global prices dropping to their lowest levels in a week due to escalating tensions between the United States and Iran. This situation has led to rising oil prices and increased concerns about inflation. The price of a gram of 24-karat gold was approximately 479.1 AED (130.6 USD), 22-karat around 439.2 AED (119.7 USD), and 21-karat about 419.2 AED (114.2 USD). International gold prices also fell to their lowest point at approximately 4,060.46 USD per ounce, as markets await the possibility of an increase in U.S. interest rates in the coming months.

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