Gold Rate Today in UAE: Gold prices extended their rally on 7 August 2026, with international bullion remaining firmly above the $4,300 an ounce mark as investors shifted towards safe-haven assets. Softer expectations for additional US interest rate hikes, a weaker US dollar and easing crude oil prices helped precious metals record their strongest weekly performance in nearly seven months.
Gold spot prices increased by 1.6%, ending the day at $4,308.92 per ounce, thereby bringing the week’s total rise above 6.6%. The gold futures prices in the New York market also rose to $4,287.50 per ounce, whereas the UAE market witnessed positive global trends. In UAE, gold prices were trading at AED 514.36 per gram for 24K gold and the bullish trend for bullion continued in Dubai, Abu Dhabi and other emirates. Gold investors are keeping a close eye on the upcoming US non-farm payrolls numbers, which might affect the Fed’s next move.
LIVE Gold Price Today | International Gold Prices (United Arab Emirates) – 07 August 2026
- Spot Gold: $4,308.92 per ounce
- Gold Price (UAE): AED 15,998.36 per ounce
- Gold Price Per Gram: AED 514.36
- Gold Price Per Kilogram: AED 514,358.83
- Daily Gain: AED 420.44 per ounce (+2.67%)
- Weekly Performance: +6.6%
- Gold Price Performance Today: +2.67%
Gold Price Per 10 Grams
| Purity | Price (AED) |
| 24K | AED 5,145.07 |
| 22K | AED 4,727.50 |
| 18K | AED 3,868.00 |
Gold Price Per 100 Grams
| Purity | Price (AED) |
| 24K | AED 51,450.70 |
| 22K | AED 47,275.00 |
| 18K | AED 38,680.00 |
UAE Gold Market Snapshot (07 August 2026)
| Indicator | Value |
| Spot Gold | $4,308.92/oz |
| UAE Gold Price/Ounce | AED 15,998.36 |
| Gold Per Gram | AED 514.36 |
| Gold Per Kilogram | AED 514,358.83 |
| Daily Gain | +2.67% |
| Weekly Gain | +6.6% |
| One-Year Return | +24.73% |
| Five-Year Return | +140.39% |
Gold Rate Today in Dubai
- 24K Gold: AED 514.50 per gram
- Gold per ounce: AED 16,001.17
- Investment demand remains firm.
- Dubai Gold Souk continues to witness healthy buyer interest.
- Prices closely follow international spot markets.
Gold Rate Today in Abu Dhabi
- 24K Gold: Around AED 510.50–514.50 per gram
- Physical gold demand remains stable.
- Retail premiums vary by jeweller.
- Investment bars continue attracting buyers.
- Prices remain near record highs.
Gold Rate Today in Riyadh
- 24K Gold: SAR 525.29 per gram
- Gold per ounce: SAR 16,336.61
- Saudi bullion market reflects global gains.
- Safe-haven demand remains supportive.
- Retail buying has improved this week.
Gold Rate Today in Kuwait
- 24K Gold: KWD 43.21 per gram
- Gold per ounce: KWD 1,343.98
- Demand remains healthy among investors.
- Premiums vary by retailer.
- Market sentiment remains positive.
Gold Rate Today in Doha
- 24K Gold: QAR 509.88 per gram
- Gold per Ounce: QAR 15,857.41
- Prices strengthened in line with the global bullion rally.
- Investment demand improved as the US dollar weakened.
- Jewellers reported steady enquiries for 22K and 24K ornaments.
Gold Rate Today in Muscat
- 24K Gold: OMR 54.50 per gram
- 22K Gold: OMR 51.10 per gram
- Gold prices remain close to record levels.
- Investors continue to favour bullion amid global uncertainty.
- Retail prices may differ depending on making charges and dealer premiums.
Gold Rate Today in Fujairah
- 24K gold is currently being sold near the UAE benchmark at AED 514.36–514.50 for every gram.
- Retail buying is strong for jewelries.
- Buying activity for gold bars and coins is stable.
- The international market trend is what determines the price.
- Premiums differ per retailer.
Gold Rate Today in Sharjah
- 24K Gold: AED 514.50 per gram
- These prices are based on Dubai’s wholesale gold market.
- Tourist demand remains high and supports jewellery sales.
- Safe haven buying improved market sentiment.
- Dealers anticipate consistent demand for the weekend.
Gold Rate Today in Ajman
- 24K Gold price is around AED 514.50 per gram.
- The local prices keep in line with the international rates.
- Jewellery demand remains constant.
- Certificated bullion is preferred by the investors.
- Short term outlook is positive.
Major Countries Gold Rates Today: 24K, 22K & 18K
| Country | Currency | 24K | 22K | 18K |
| United Arab Emirates | AED | 510.50 | 472.75 | 386.80 |
| Saudi Arabia | SAR | 531.00 | 487.00 | 398.50 |
| Qatar | QAR | 515.50 | 475.00 | 388.60 |
| Oman | OMR | 54.50 | 51.10 | 41.80 |
| Kuwait | KWD | 42.95 | 39.09 | 32.00 |
| Bahrain | BHD | 52.40 | 48.90 | 40.00 |
| Singapore | SGD | 185.90 | 169.80 | 138.90 |
| United States | USD | 140.50 | 136.00 | 111.30 |
Gold Rate in UAE for Last 5 Days (1 Gram)
| Date | 24K Gold (AED) | Trend |
| 07 Aug 2026 | 514.36 | ▲ |
| 06 Aug 2026 | 500.84 | ▲ |
| 05 Aug 2026 | 491.72 | ▲ |
| 04 Aug 2026 | 484.95 | ▼ |
| 03 Aug 2026 | 485.10 | Stable |
MCX Performance
- MCX Gold September Futures: ₹1,49,793 per 10 grams
- Daily Gain: ₹2,271 (+1.54%)
- MCX Gold October Futures: ₹1,50,130 per 10 grams
- October Contract Gain: ₹1,272 (+0.85%)
- Trading Volume: 1,283 lots
- MCX Silver September Futures: ₹2,33,876 per kg
- Silver Jump: ₹8,040 (+3.56%)
- Spot Gold Weekly Gain: More than 6.6%, the strongest weekly rally in seven months.
Should You Buy Gold Today or Hold Back in the UAE?
- Long-term investors might want to think about gradual purchase rather than a lump-sum investment.
- The price of gold will continue to see an effect on the weaker US dollar and lower interest rate expectations.
- Watch out for US unemployment and inflation figures before committing money.
- People who buy gold jewelry should pay attention to manufacturing costs at various stores.
- The price of gold is a good way to diversify one’s portfolio when there are economic uncertainties.
- Short-term traders must be ready for volatile times after US economic reports.
Gold & Silver Prices Prediction 2026
Gold is anticipated to be fairly well supported for the rest of 2026 provided that central banks keep building up their reserves, inflation continues to be higher than the targets, and the Federal Reserve follows a gradual approach. The price rise past $4,300 an ounce is an indication of confidence in the defensive qualities of gold. Silver may continue to outshine its counterpart when there is increased industrial demand, especially from the renewable energy industry and the electronics sector however both precious metals may witness some volatility in reaction to news on inflation, interest rates, currencies and geopolitics.
Frequently Asked Questions (FAQs)
1. Why are gold prices rising in the UAE today?
Gold prices are tracking higher international bullion prices, supported by a weaker US dollar and expectations that the Federal Reserve may slow future rate increases.
2. What is the latest 24K gold price in the UAE?
On 7 August 2026, 24K gold is trading at around AED 514.36–514.50 per gram, depending on the market and retailer.
3. Why is MCX gold rising?
MCX gold futures gained on strong global bullion prices, fresh speculative buying and firm spot demand, with October contracts rising 0.85%.
4. Is this a good time to buy gold in the UAE?
Investors with a long-term investment horizon may consider staggered purchases, while short-term buyers should monitor upcoming US economic data.
5. What could influence gold prices next?
Federal Reserve policy, US inflation, employment figures, the US dollar, crude oil prices and geopolitical developments remain the key market drivers.
Disclaimer: Gold prices are indicative market rates and may vary due to dealer premiums, taxes, making charges and regional pricing. For information only.
