UAE Gold Prices Jump Again as 24K Gains Dh10 in Three Days
By Thasmiya
Gold prices in the UAE have climbed again, extending a strong start to September and making jewellery purchases more expensive for shoppers.
On the morning of **September 3, 2026**, 24-karat gold was priced at **Dh532 per gram**, according to Gulf News. That is up from Dh522 per gram on September 1 — a rise of **Dh10 in just three days**.
The increase comes as international gold prices recover above $4,400 an ounce after a recent pullback.
## **UAE gold prices on September 3**
According to rates reported at 8.56am on September 3:
**24K gold:** Dh532 per gram**22K gold:** Dh492.50 per gram**21K gold:** Dh472.25 per gram**18K gold:** Dh404.75 per gram
The biggest three-day movement has been seen in 24K gold, which rose from **Dh522 on September 1 to Dh528.25 on September 2 and Dh532 on September 3**.
## **22K gold is also getting more expensive**
The rise is not limited to investment-grade 24K gold.
The widely purchased **22K variety**, commonly used for jewellery in the UAE, increased from **Dh483.25 per gram on September 1 to Dh492.50 on September 3**.
Over the same period, 21K moved from Dh463.50 to Dh472.25, while 18K increased from Dh397.25 to Dh404.75.
For shoppers buying heavier jewellery pieces, even a relatively small increase per gram can significantly change the final bill.
## **What does the Dh10 increase mean for buyers?**
A Dh10-per-gram increase in 24K means the underlying gold cost of a **10-gram purchase is now Dh100 higher** than it was at the start of September.
For 20 grams, that difference becomes Dh200, while 50 grams represents a Dh500 increase.
Actual jewellery bills will differ because retailers can also add making charges and applicable taxes.
## **Why are UAE gold prices rising?**
The UAE increase reflects a rebound in the international gold market.
Global gold recovered above **$4,400 per ounce** after recently falling to around $4,285. That represents a recovery of more than $115 per ounce from the latest low.
The rebound has been supported by easing US Treasury yields, a slightly weaker US dollar, renewed buying after the recent price decline and continuing geopolitical uncertainty.
Gold prices had previously fallen from a peak of almost $4,700 per ounce in late August as expectations of higher US interest rates strengthened.
## **US interest rates remain important**
One of the biggest factors affecting gold prices is the outlook for US interest rates.
Higher interest rates and bond yields can make non-yielding assets such as gold less attractive. A stronger US dollar can also put pressure on international gold prices.
The recent decline in the US 10-year Treasury yield from close to 5% towards 4.78%, alongside a softer dollar, has helped reduce some of that pressure on gold.
## **US jobs data adds another factor**
Recent US employment figures have also attracted investors’ attention.
ADP data showed the US private sector added **38,000 jobs in August**, below the forecast of 48,000.
Investors are now watching official US nonfarm payroll figures and other economic indicators for clues about what the Federal Reserve could do next.
## **Could UAE gold prices rise further?**
Gold prices can change several times during a trading day, so the current rate does not guarantee where prices will finish.
Upcoming US employment and inflation data, expectations surrounding Federal Reserve interest rates, movements in Treasury yields and geopolitical developments could all influence the next move.
Regional tensions can also affect gold in different ways. Increased uncertainty can strengthen safe-haven demand, while higher oil prices can contribute to inflation concerns and expectations of tighter monetary policy.
## **Should UAE shoppers wait before buying?**
There is no guaranteed perfect time to purchase gold.
People buying jewellery for a wedding, festival or gift may want to compare rates across several days rather than trying to predict the market’s exact peak or bottom.
Making charges should also be compared between jewellery retailers, as the final price of a piece is not determined by the daily gold rate alone.
Investment buyers should similarly consider their longer-term objectives rather than making a decision based only on a few days of price movement.
## **Why this matters**
Dubai and the wider UAE are major markets for gold jewellery and bullion, so changes in international prices quickly become noticeable for local shoppers.
With 24K gold gaining **Dh10 per gram in only three days**, someone planning a significant purchase now faces a noticeably higher underlying gold cost than at the beginning of September.
For UAE shoppers, the next few days will therefore be worth watching closely as international gold prices, US economic data and interest-rate expectations continue to influence local rates.
## **Source Credits**
Information source/resource owners: Gulf News, Dubai Gold & Jewellery Group and international gold market data.
## **Image Credits**
Image credit/resource owners: Gulf News / AFP and Dubai Gold & Jewellery Group.
The Dh532 figure above reflects the **8.56am rate reported by Gulf News on September 3**; UAE gold rates can be revised during the day, so readers making a purchase should check the live rate immediately beforehand.
Read the original Gulf News report