UAE Gold Prices August 20 2026

On Thursday, August 20, 2026, gold prices in the UAE experienced relative stability across all denominations compared to the previous day. Globally, however, gold prices declined after rising for more than two months, following the US Treasury Department’s announcement of support for liquidity in long-term bonds. This move led to a weakening of the dollar and a drop in Treasury bond yields. The price of 24-karat gold per gram was approximately 529.7 AED (144.3 USD), 22-karat around 485.5 AED (132.3 USD), 21-karat roughly 463.5 AED (126.3 USD), and 18-karat about 397.2 AED (108.3 USD). The price of an ounce of gold in the UAE was approximately 16,474.2 AED (4,488.9 USD), while a 1-kilogram gold bar cost around 533,365.2 AED (145,331.1 USD). Globally, the spot price of gold declined by 0.6%, reaching approximately $4,495.69, after surpassing its highest level since June following a sharp increase of over 4% in the previous session. This price adjustment came amid widespread bond selling and renewed investor interest in higher-yield bonds, driven by tensions in the Middle East and rising inflation.

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