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
India, Aug. 5 -- 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.
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