UAE gold prices rise on July 30

Gold prices in the UAE experienced a relative increase today, Thursday, July 30, 2026, as gold prices globally rose following market observations of Federal Reserve Chairman Jerome Powell's statements on combating inflation, despite the central bank maintaining interest rates unchanged at its latest meeting. The price of 24-karat gold per gram in the UAE reached 477.2 AED (130.1 USD), while 22-karat gold was approximately 437.4 AED (119.2 USD), and 21-karat gold 417.5 AED (113.8 USD). Additionally, the price of an ounce of gold hit 14,481.9 AED (4,044.1 USD), and the price per kilogram of gold was around 480,521.5 AED (130,932.3 USD). Globally, the ounce price rose to 4,080.38 USD, with forecasts indicating a decrease in the likelihood of a U.S. interest rate hike to 57% in September, down from 81%.

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