UAE Gold Price Rises August 5

On Wednesday, August 5, 2026, gold prices in the UAE experienced a relative rise across all denominations compared to yesterday's levels, as markets monitor U.S. employment data that influences the Federal Reserve's decision on monetary policy. The price of a gram of 24-karat gold was about $132.9, while 22-karat gold was approximately $121.8, and 21-karat gold around $116.3. The price of 18-karat gold stood at roughly $99.7. As for the price of an ounce of gold in the UAE, it reached about $4,133.3, and the price of a 1-kilogram bar was approximately $133,818.9. Markets are focused on the U.S. jobs report scheduled for release on Friday, which will discuss the extent of the impact of monetary policy on gold prices.

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