Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for August 7, 2026
Dubai gold prices held near a seven-week high on August 7, 2026, with 24K gold priced at INR 1,29,100 per 10 grams. A soft US dollar, lower Treasury yields and growing bets on a Fed rate cut kept bullion prices elevated as investors tracked global economic developments.
Gold prices in Dubai held firm on Friday, August 7, 2026, hovering near a seven-week high as international bullion markets continued to draw support from a soft US dollar, lower Treasury yields and growing bets on a Federal Reserve rate cut in the coming weeks. Investors remained focused on incoming US economic data for fresh signals on the pace of future monetary policy easing.
Market analysts said bullion continued to benefit from expectations that the Fed's rate-cutting cycle would resume soon, boosting the appeal of non-yielding assets such as gold. A softer dollar and steady bond yields kept safe-haven demand intact, even as some analysts flagged early signs of the rally losing momentum after its recent sharp run-up. Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for August 6, 2026.
Dubai's gold market continued to see healthy retail demand from residents, tourists and jewellery buyers. Jewellers reported sustained interest in 22K and 24K gold jewellery despite the higher price levels, while investors kept tracking international bullion movements before making fresh purchases. Dubai's competitive pricing and its standing as one of the world's leading gold trading hubs continued to support buying activity. Gold Rate Today, August 7, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.
Market experts expect gold prices to stay volatile in the coming sessions as investors weigh US employment data, inflation trends and central bank commentary. Currency movements and geopolitical developments are also expected to remain key drivers of bullion prices.
Dubai Gold Price Today, August 7, 2026
| Purity | Unit | Price (AED) | Price (USD) | Price (INR) |
|---|---|---|---|---|
| 24K | 1 Gram | 492.25 | 134.00 | 12,910 |
| 24K | 10 Grams | 4,922.50 | 1,340.00 | 1,29,100 |
| 24K | 1 Tola | 5,741.00 | 1,563.00 | 1,50,570 |
| 22K | 1 Gram | 455.75 | 124.10 | 11,950 |
| 22K | 10 Grams | 4,557.50 | 1,241.00 | 1,19,500 |
| 22K | 1 Tola | 5,315.00 | 1,447.00 | 1,39,390 |
| 21K | 1 Gram | 437.20 | 119.00 | 11,470 |
| 21K | 10 Grams | 4,372.00 | 1,190.00 | 1,14,700 |
| 21K | 1 Tola | 5,100.00 | 1,388.00 | 1,33,790 |
| 18K | 1 Gram | 374.85 | 102.10 | 9,830 |
| 18K | 10 Grams | 3,748.50 | 1,021.00 | 98,300 |
| 18K | 1 Tola | 4,372.00 | 1,191.00 | 1,14,660 |
Note: Gold rates are indicative and exclude making charges, VAT, GST, TCS and other applicable levies. Actual retail prices may vary across jewellers and locations.
With investors continuing to monitor US economic data, central bank policy expectations and geopolitical developments, Dubai gold prices are expected to remain sensitive to international market movements. Buyers are advised to compare rates across jewellers and follow daily bullion updates before making jewellery or investment purchases.
(The above story first appeared on LatestLY on Aug 07, 2026 08:42 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
