Gold Rates Today (5 August) LIVE: UAE Gold Hits AED 495 Amid Fed Rate Policy & US-Iran Tensions – Check Latest Prices of 24K, 22K, 18K Gold in Dubai, Abu Dhabi, Riyadh, Kuwait, Doha, Muscat & More

Check today's live UAE gold prices, Dubai rates, GCC market updates, gold forecast and investment outlook for August 5, 2026.

By: Amreen Ahmad
Last Updated: August 5, 2026 18:24:22 IST

LIVE Gold Price Today | UAE Gold Rates (05 August 2026): The price of gold in the UAE rallied further on Wednesday, August 5, 2026, driven by strong international bullion prices and safe-haven buying. As per the current market information, the price of 24K gold is AED 495.50 per gram, the price of 22K gold is AED 454.87 per gram and the price of 18K gold is AED 371.62 per gram. Globally, the spot price of gold is quoted at AED 15,411.84 per troy ounce, indicating a rise of 2.47% for the day. This rally is attributed to uncertainty around geopolitics, expectations of Fed policies, and continued central bank buying while in the year gone by, gold has provided a robust 21.44% return on investment.

LIVE Gold Price Today | International Gold Prices (United Arab Emirates) – 05 August 2026

  • Gold per Ounce: AED 15,411.84
  • Gold per Gram: AED 495.50
  • Gold per Kilogram: AED 495,501.79
  • 24K Gold: AED 495.50/gram
  • 22K Gold: AED 454.87/gram
  • 21K Gold: AED 433.56/gram
  • 18K Gold: AED 371.62/gram
  • Today’s Gain: +2.47%
  • USD/AED Exchange Rate: 3.6725

Gold Price Per 10 Grams

Purity Price
24K AED 4,955.00
22K AED 4,548.70
21K AED 4,335.60
18K AED 3,716.20

Gold Price Per 100 Grams

Purity Price
24K AED 49,550.00
22K AED 45,487.00
21K AED 43,356.00
18K AED 37,162.00

UAE Gold Market Snapshot (05 August 2026)

Indicator Value
Spot Gold/Ounce AED 15,411.84
Gold per Gram AED 495.50
Gold per Kilogram AED 495,501.79
Today’s Change +2.47%
1-Year Return +21.44%
5-Year Return +132.28%
20-Year Return +533.82%

Gold Rate Today in Dubai

  • 24K: AED 492.25/gram
  • 22K: AED 455.75/gram
  • 18K: AED 374.75/gram
  • 10g 24K: AED 4,922.50
  • Dubai remains one of the world’s largest retail gold trading hubs.

Gold Rate Today in Abu Dhabi

  • 24K prices remain close to AED 495.50 per gram.
  • 22K trades around AED 454.87 per gram.
  • Retail demand remains stable amid tourist purchases.

Gold Rate Today in Riyadh

  • Gold prices are tracking international bullion gains.
  • Investors continue favouring 24K bars and investment coins.
  • Demand remains healthy despite higher prices.

Gold Rate Today in Dubai

  • Jewellery demand remains strong.
  • Premiums vary between retailers.
  • Gold Souk continues attracting international buyers.

Gold Rate Today in Kuwait

  • 24K investment bars remain the preferred choice.
  • Local prices continue following global spot movements.
  • Retail demand is steady.

Gold Rate Today in Doha

  • Jewellery purchases remain healthy.
  • 22K and 24K continue to dominate sales.
  • Prices reflect international market movements.

Gold Rate Today in Muscat

  • Gold prices edged higher alongside global bullion.
  • Investment demand remains firm.
  • Wedding jewellery demand supports retail sales.

Gold Rate Today in Fujairah

  • 24K gold mirrors Dubai pricing.
  • Retail jewellers reported stable customer activity.
  • Premiums vary by brand and craftsmanship.

Gold Rate Today in Sharjah

  • 24K remains near UAE benchmark rates.
  • 22K jewellery continues to see strong demand.
  • Tourist purchases remain supportive.

Gold Rate Today in Ajman

  • Gold prices remain aligned with Dubai wholesale markets.
  • Retail buyers continue favouring 22K ornaments.
  • Investment-grade gold bars remain popular.

Major Countries Gold Rates Today: 24K, 22K & 18K

Country Currency 24K (1g) 22K (1g) 18K (1g) 24K (INR)
Bahrain BHD 50.00 46.70 38.20 ₹12,609
Kuwait KWD 41.23 37.89 31.00 ₹12,764
Malaysia MYR 551.00 515.00 421.40 ₹12,811
Oman OMR 52.35 49.10 40.20 ₹12,927
Qatar QAR 493.00 454.50 371.90 ₹12,857
Saudi Arabia SAR 505.00 463.00 378.80 ₹12,783
Singapore SGD 181.00 164.70 134.80 ₹13,427
United Arab Emirates AED 492.25 455.75 372.90 ₹12,746
United States USD 134.50 127.50 104.30 ₹12,786
Abu Dhabi (UAE) AED 492.25 455.75 374.75 ₹12,746

Gold Rate in UAE for Last 5 Days (1 Gram)

Date 24K
Aug 05 AED 495.50
Aug 04 AED 485.50
Aug 03 AED 487.25
Aug 02 AED 487.25
Aug 01 AED 485.25

MCX Performance

  • Gold gained 2.47% today.
  • 30-day return: -1.24%
  • 6-month return: -17.53%
  • 1-year return: +21.44%
  • 5-year return: +132.28%
  • 20-year return: +533.82%
  • Silver advanced 3.31% today.

Should You Buy Gold Today Or Hold Back in UAE?

  • For long-term investors, staggered investments may be advisable.
  • For short-term speculators, it is important to watch out for the US Federal Reserve’s policy changes.
  • Buyers of wedding jewellery need to evaluate retailers’ markup prices before making a purchase.
  • Gold makes a good hedge against inflation and geopolitical risks.
  • It is better to diversify than to invest in just one asset category.

Gold & Silver Prices Prediction 2026

Analysts anticipate that gold will be volatile until the end of August as gold prices may range within $3,580.75 to $4,645.91 per ounce and the mean value will be about $4,113.33. In case if inflation is high and the world geopolitical situation is tense, by the end of the month, gold can find itself in the range from $4,084 to $4,121. For the period from 3rd to 9th August, analysts estimate that gold will oscillate within $3,643.24 to $4,441.34, with a mean value of $4,042.29.

FAQs

1. What is today’s 24K gold price in the UAE?

AED 495.50 per gram.

2. What is today’s 22K gold price?

AED 454.87 per gram.

3. Why are gold prices rising?

Higher safe-haven demand, geopolitical uncertainty and expectations surrounding US interest rates.

4. Is Dubai still a good place to buy gold?

Yes. Dubai remains one of the world’s leading gold trading centres with competitive pricing and a wide selection.

5. Should investors buy gold now?

Many analysts recommend phased investments for long-term portfolios while monitoring global economic developments.

Disclaimer: Gold prices are indicative and may vary by retailer, taxes, making charges and market movements. Verify live rates before buying or investing.

 

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