Gold rate in Dubai Today

Retail gold rates in Dubai today are: 24K 213.75 AED, 22K 200.75 AED, 21K 191.75 AED, and 18K 164.25 AED.

You are watching: 1 gram gold price in dubai

Prices room quoted in AED (United Arab Emirates Dirham) for one gram of gold. Rates were last updated on Tuesday 21st the September 2021 at 2:00 pm GMT.

The federal government of Dubai (Department of financial Development) has actually outdoor signs that screen Dubai’s live retail gold rate. Castle are located in influential gold trading areas such together the gold Souk. The authorities are keen to promote transparency and also ensure the city maintain its standing as the ‘City the Gold’.

Valuation Calculator

Use the calculator listed below to calculation the retail worth of any kind of weight the gold. Get in the weight in grams.

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Carats/Karats Explained

The carat or karat (symbol/abbreviation K) is the unit used to measure up the purity the gold.

Pure yellow (24K) is easy (can it is in deformed) and ductile (canbe stretched) and also not perfect for jewellery.

Gold is commonly mixed v other metals to form an alloy.

24K – Pure gold.22K – Alloy through 22 components of pure gold and 2 parts of other metals. Portion gold is 91.7 (22/24). 21K – Alloy through 21 parts of pure gold and also 3 parts of other metals. Portion gold is 87.5 (21/24). 18K – Alloy through 18 components of pure gold and 6 parts of other metals. Percentage gold is 75 (18/24).14K – Alloy v 14 components of pure gold and 10 components of other metals. Portion gold is 58.3 (14/24).9K – Alloy v 9 parts of pure gold and 15 parts of other metals. Percentage gold is 37.5 (9/24).

In Dubai, Indian and also other oriental buyers are generally interested in to buy 22K jewellery. European visitors and younger buyers often tend to prefer purchasing 18K yellow jewellery.

Many European nations use the ‘millesimal fineness’ systemto measure purity. This represents the number of parts of gold in a 1000 partsof alloy. So, because that example, 18K yellow is an alloy include 75% gold. It’smillesimal fineness is 750. These millesimal fineness number are provided ashallmark stamps.

Gold purities room summarised in the table below:

Karat (K)Parts of GoldGold %Millesimal Fineness / Hallmark

Inspectors indigenous the Dubai main Laboratory (part the DubaiMunicipality) carry out checks on gold and also jewellery retailers.

Gold, various other precious metals, and also gems space meticulouslytested for purity and authenticity.

Weighing scales are tested to ensure they room correctlycalibrated.

Both regular and unscheduled checks room performed. Allretailers are aware of the strictly regulations in place, therefore non-compliance isextremely rare. Any kind of violations room acted upon.

Certificates room issued come compliant retailers.

Gold chains, necklaces, bangles, and other items of jewellery on display screen in yellow Souk in Dubai.

Gold rate in Dubai – Dollars, Euros, Pounds, Indian Rupees, and also Saudi Riyals

The table below shows the present price in Dubai because that a gram of gold in several renowned currencies (US dollars, euros, pounds, Indian rupees, and also Saudi riyals).


The exchange rates used were as follows:

US dollars - 1 united state dollar (USD) = 3.673 AED / 1 AED = 0.272 united state dollarsEurozone euros - 1 euro (EUR) = 4.309 AED / 1 AED = 0.232 eurosBritish pounds - 1 British pound (GBP) = 5.019 AED / 1 AED = 0.199 brother poundsIndian rupees - 1 Indian rupee (INR) = 0.050 AED / 1 AED = 20.079 Indian rupeesSaudi riyals - 1 Saudi riyal (SAR) = 0.979 AED / 1 AED = 1.021 Saudi riyals

Exchange prices were last updated top top Tuesday 21st that September 2021 in ~ 2:22 afternoon GMT.

To calculation the current Dubai yellow price equivalent in other currencies please usage the exchange rates on this page.

Historic retail Gold rate in Dubai - 1 Gram (AED)

Retail gold rates over the vault 28 job in Dubai are presented in the table below.

On Tuesday 21st, September 2021 1 gram the 24k gold to be trading in ~ 213.25 AED. 28 job before, ~ above Tuesday 24th, august 2021, 1 gram that gold expense 218.25 AED.

This represents a to decrease of 5 AED every gram, or 2.29 %.

The price the 10g that 24k yellow in Dubai ~ above Tuesday 21st, September 2021 to be 2132.5 AED. 28 days prior to this, 10 grams that 24k gold would have expense 2182.5 AED.

Tuesday 21st, September 2021213.25200.50191.25164.00
Monday 20th, September 2021211.75199.00190.00162.75
Sunday 19th, September 2021212.50199.50190.50163.25
Saturday 18th, September 2021212.50199.50190.50163.25
Friday 17th, September 2021213.25200.25191.00163.75
Friday 17th, September 2021213.25200.25191.00163.75
Thursday 16th, September 2021217.00203.75194.50166.75
Wednesday 15th, September 2021218.50205.25195.75167.75
Tuesday 14th, September 2021217.00203.75194.50166.75
Monday 13th, September 2021217.00203.75194.50166.75
Sunday 12th, September 2021216.50203.25194.00166.25
Saturday 11th, September 2021216.50203.25194.00166.25
Friday 10th, September 2021217.50204.25195.00167.25
Thursday 9th, September 2021216.50203.25194.00166.25
Wednesday 8th, September 2021217.75204.50195.25167.25
Tuesday 7th, September 2021220.50207.25197.75169.50
Monday 6th, September 2021221.25208.00198.25170.00
Monday 6th, September 2021221.25208.00198.25170.00
Sunday 5th, September 2021221.50208.00198.50170.00
Saturday 4th, September 2021221.50208.00198.50170.00
Friday 3rd, September 2021219.50206.25196.75168.75
Thursday 2nd, September 2021219.25206.00196.75168.50
Wednesday 1st, September 2021219.75206.50197.00169.00
Tuesday 31st, august 2021219.75206.50197.00169.00
Monday 30th, respectable 2021220.00206.75197.25169.00
Sunday 29th, august 2021220.00206.75197.25169.00
Saturday 28th, respectable 2021220.00206.75197.25169.00
Friday 27th, august 2021218.00204.75195.50167.50
Thursday 26th, respectable 2021216.25203.25194.00166.25
Wednesday 25th, august 2021217.25204.25194.75167.00
Tuesday 24th, respectable 2021218.25205.00195.75167.75

International gold Price - LBMA yellow Price - troy Ounce

It is vital to keep in mind that gold is a typically traded commodity and also its price is set internationally. A benchmark price is collection in London and also is supplied as guidance to settle trades in markets around the world. This price setting mechanism is well-known as the London yellow Fixing.

Electronic auctions develop the yellow price. Two auctions are organized every service day; one in ~ 10.30 am and also another at 3 afternoon (GMT). The price is quoted in united state dollars because that a troy ounce (31.1034768 grams) that pure gold (24K).

The price set in the morning is described as the LBMA yellow Price AM. The price collection in the afternoon is called the LBMA yellow Price PM.

At the time of creating (May 2020) attendees in the auction include financial institution of China, financial institution of Communications, Coins ‘N Things, Goldman Sachs, HSBC, Industrial and Commercial bank of China, INTL FCStone, JPMorgan Chase, Morgan Stanley, traditional Chartered, The bank of Nova Scotia (Scotiabank), and Toronto-Dominion Bank.

This benchmark is regulation by the UK Financial conduct Authority (FCA).

LBMA yellow Prices because that the last seven trading work are displayed in the table below. Identical prices in AED are also noted (1 USD = 3.673 AED).

Monday 20th September 20211,757.151,757.756,453.986,456.18
Friday 17th September 20211,766.101,755.956,486.856,449.57
Thursday 16th September 20211,781.451,747.956,543.236,420.19
Wednesday 15th September 20211,801.401,796.956,616.516,600.16
Tuesday 14th September 20211,788.651,792.756,569.686,584.73
Monday 13th September 20211,787.851,793.906,566.746,588.96
Friday 10th September 20211,799.901,794.606,611.006,591.53
Thursday 9th September 20211,795.351,788.256,594.286,568.21

International yellow Price - LBMA gold Price - Gram

The LBMA yellow Price is the price because that a troy ounce that pure gold. The Dubai retail rate quoted is because that one gram the gold. There are 31.1034768 grams in a troy ounce. For comparison purposes, the LBMA yellow Prices because that a gram the gold end the last seven trading days are shown in the table below.

Monday 20th September 202156.4956.51207.50207.57
Friday 17th September 202156.7856.46208.56207.36
Thursday 16th September 202157.2756.20210.37206.41
Wednesday 15th September 202157.9257.77212.73212.20
Tuesday 14th September 202157.5157.64211.22211.70
Monday 13th September 202157.4857.68211.13211.84
Friday 10th September 202157.8757.70212.55211.92
Thursday 9th September 202157.7257.49212.01211.17

The Dubai retail rate and the LBMA yellow Price (1 gram equivalent) will commonly differ. Reasons include:

The LBMA gold Price is a benchmark.Timing differences. Dubai is 4 hours ahead of London. When Dubai opens up for business the many recent LBMA yellow Price will have actually been collection the vault day.The Dubai price quoted is a retail rate and includes a small premium come cover bullion shipment charges and customs duties. It likewise includes a margin to protect sellers indigenous price fluctuations.

Gold Jewellery Prices

The price of an object of yellow jewellery to buy in Dubai comprises:

Gold price – the price that the gold supplied in the item (gold load in grams multiply by the Dubai retail gold rate)Making charge – the amount added by the retailer come cover the expense of developing the item and make a profit

Making charge margins room low compared to other locations about the world. Retailers have actually lower prices to cover than elsewhere.

In January 2020, the Dubai Police announced the there had actually been no steal at every in the prior year from any type of jewellery shops. Jewellers in the city consequently benefit from short insurance costs.

Value added Tax (VAT) was presented in January 2018 in Dubai and also the UAE. The rate of 5% is just one of the lowest in the world.

Tourists can insurance claim 85% that the VAT ago using the taxes Refunds for Tourists scheme (kiosks at leave points such together Dubai worldwide Airport).

Haggling is possible at many of shops and also outlets in Dubaithat sell gold and also jewellery. However, just the make charge facet of theprice have the right to be negotiated. No retailer is going to sell a yellow item in ~ a priceequal to or less than the live value of its gold content. Cash buyersfrequently achieve cheaper prices.

Aside native the yellow Souk, popular places come buy yellow in Dubai incorporate the Gold and also Diamond Park, Dubai Duty Free, and major shopping malls (e.g. Dubai Mall).

Competitive do charges, the short VAT rate, and also the refundscheme for sure shopping because that jewellery in Dubai is significantly cheaper than in manyother countries.

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However, it is essential to note that import/customs duties might be payable top top gold and also jewellery when returning come your residence country. The rules and also rates differ by country and also cannot be covered here in detail.