Gold Prices in Dubai
In United Arab Emirates, 24K was trading at 232.26 AED per gram at the opening of the market,
while 22K was trading at 213.68 AED, 21K at 203.23 AED, and 18K at 174.20 AED per gram.
| Unit | Latest Price (AED) |
|---|---|
| 24k price per gram | 232.26 |
| 22k price per gram | 213.68 |
| 21k price per gram | 203.23 |
| 18k price per gram | 174.20 |
| 24k price per OZ | 7,223.31 |
Previous gold prices in Dubai
These are the gold prices in United Arab Emirates for the last few days:
| Date | 24k | 22k | 21k | 18k |
|---|---|---|---|---|
| 2023-03-28 | 232.26 | 213.68 | 203.23 | 174.20 |
| 2023-03-27 | 231.51 | 212.99 | 202.57 | 173.63 |
| 2023-03-26 | 233.18 | 214.53 | 204.03 | 174.89 |
| 2023-03-25 | 233.67 | 214.98 | 204.46 | 175.25 |
| 2023-03-24 | 233.66 | 214.97 | 204.45 | 175.25 |
Gold History Chart in Dubai
Current Gold Price in Dubai
Gold is one of the world’s most valued precious metals. It belongs to the commodities market, and Gold rates in Dubai can be affected by the basic theory of supply and demand against the US dollars.
This article will be dedicated to list Emirates’ updated gold prices with latest gold charts for 24, 22, 21, 18, and 12 Karat, as well as prices of gold per ounces, pounds and kilos.
In addition, the article will list analysts’ review on gold against the US dollar, gold price forecast, today gold rate in Dubai and gold price today in Dubai.
If you are looking for today Gold rate in UAE, we will update the daily morning and evening price of UAE GOLD RATE in 24 Karat, 22 Karat, 21 Karat and 18 Karat, in addition to the prices of gold per ounce, gram or kilo.
Frequently Asked Questions
Best Places to Buy Gold In Dubai
The Dubai Gold Souk, also known as Gold Souk, is one of the best places to buy gold in Dubai, as it brings together famous gold shops from across the world.
In the Gold Souk, you can buy gold in lower prices compared to its neighboring areas.
Gold rates in Dubai Today
What factors affect the Gold Rate?
Gold trading is one of the most important trading in global markets, and gold rate in Dubai today can fluctuate due to several key driving influences, like:
- The Value of the US Dollar
- Demand and Supply
Can I Invest in Gold in the UAE?
Yes, anyone can invest in gold in the UAE by either investing in mining stocks or buying gold bullion bars or coins and selling it later on at a higher price in the future.
What are the Best Gold Karats?
100% pure gold is extremely soft and malleable, so for most practical purposes, it is usually mixed with a harder metal like Silver and Copper.
The purity of gold is measured in ‘Karats’ and these are also often quoted as a percentage:
- 24 Karat: It consists of 99.5% and more gold
- 21 Karat: It consists of 91.7% of gold
- 18 Karat: It consists of 75.0% of gold
- 14 Karat: It consists of 41.7% of gold
When to Buy Gold in the UAE?
You can easily buy gold in the UAE with the hereness of many popular stores, but keen shoppers need to check the gold price in the UAE.
How to Calculate Gold Price in Dubai?
The current gold price in Dubai is calculated by its quality and weight. Additionally, there may be additional making charges depending on the quality and purity of the product.
To calculate the gold price today in Dubai :
Multiply the total number of grams by the price of gram to get the total price of gold. For example:
22K gold rates in Dubai for 10 grams = 2,125.00 Dirhams.
24K gold rates in Dubai for 10 grams = 2,262.50 Dirhams.
Gold Price in Dubai Today in Indian Rupees
Today’s Gold Price in Dubai in Indian Rupees is based on the currency exchange rate.
Gold rates in Dubai are based on the spot gold price in USD and are converted to INR according to the current exchange rates.
Gold and USD share an inverse relation, as the value of the US dollar rises the value of gold falls. Similarly, as the value of the dollar falls, the value of gold jumps higher.
What determines the Gold Rate in Dubai Today ?
Gold price rate today in Dubai is consistently rising and falling, directly or indirectly affected by many factors such as:
- Global oil price increase, which leads to a rise in demand for; and hence the price of gold.
- Interest rates have an inverse relationship with gold and typically, as gold price drops when the central bank raises rates, and the other way round.
