UAE Gold Prices Today

Gold prices in the UAE experienced a relative decline today, Monday, July 20, 2026, across all denominations compared to yesterday's levels. This comes amid a global slowdown in gold prices due to escalating tensions in the Middle East and a rise in Brent crude oil prices to over $90 per barrel, fueling inflation concerns. Additionally, American political statements have suggested the possibility of raising interest rates to contain economic pressures. The price of 24-karat gold per gram was approximately $129.2, 22-karat around $118.5, and 21-karat about $113.1. The price of an ounce of gold reached nearly $4,019.3, while a 1-kilogram gold bar was valued at approximately $130,126.8. Globally, gold prices declined by 0.4% to $4,000.55 per ounce, amid fluctuations in Asian markets and a significant surge in oil prices, with Brent crude surpassing $90 per barrel.

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