UAE Gold Prices for August 23, 2026

Gold prices in the UAE experienced a relative increase today, Sunday, August 23, 2026, across all denominations compared to last week's closing prices. This rise is driven by gains achieved by gold globally, with prices reaching their highest levels in over three months. The price of an ounce rose to $4,604, while the price per gram of 24-karat gold reached $148.02, and 22-karat gold reached $135.7. Gold futures also increased by 2.4%, with the precious metal surpassing important technical levels. The main factors behind the price increase are attributed to the decline of the US dollar and falling US bond yields, which boosted the attractiveness of gold as a safe haven.

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