The price of gold in the UAE remained stable during today’s trading, with the price of 21-carat gold approximately 357 UAE dirhams per gram. Updated prices for all carats are provided along with factors influencing market movement. The 24-carat gold price recorded 402.25 dirhams, 22-carat 375.25 dirhams, 21-carat 357.00 dirhams, 18-carat 307.25 dirhams, 14-carat 238.50 dirhams, and 12-carat 204.50 dirhams. The ounce price was 12,604.75 dirhams, and the gold pound was 2,856 dirhams. The ounce in dollars was 3,364.06 USD. Last week, US inflation data was released, showing consumer prices higher than expected, while producer price index data declined along with retail sales data, reducing market expectations that the Federal Reserve might cut interest rates significantly by 50 basis points in the September meeting.