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2026-10-05T09:42:00.000Z

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UAE Gold Prices October 5, 2026

UAE Gold Prices October 5, 2026

Gold prices in the UAE experienced a slight decline today, Monday, October 5, 2026, with all denominations decreasing compared to previous levels. This came in tandem with the rise of the US dollar and the cessation of expectations for a US interest rate hike in October, following weak economic data. The price of a gram of 24-karat gold reached approximately 488.2 dirhams ($133.1), while 22-karat gold was about 447.5 dirhams ($121.9). Globally, gold prices fell by 0.3%, reaching $4,131.61 per ounce, amid the US interest rate increase last month to a range between 3.75% and 4%.

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