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Gold Rates In Dubai and UAE

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Gold Rate in Dubai Today  – Dollars, Euros, Pounds, Yen and Indian Rupees

Todays gold rate in Dubai are: 18K: 161.75 AED, 21K: 188.75 AED, 22K: 198.00 AED, 24K: 210.75 AED, Ounce: 5.572,17 AED. (This prices are quoted in AED; United Arab Emirates Dirham for one gram of gold). The rates are updated twice a day: 10AM and 18PM ECT based on facts from LBMA. Rates were last updated 20.04.2021 1.05 GMT.

The current prices for one gram of gold in Dubai and UAE are published by the Dubai Gold & Jewellery Group, who is a member of the London Bullion Market Association(LBMA) – the world’s authority for precious metal markets. They update the prices twice a day (opening and closing) using three major currencies: Euros (EUR), British Pounds (GBP) and US Dollars (USD).

We provide you with the current rates for 24, 22, 21, 18, 14, and 12 carat gold in 6 major currencies: AED, USD, EUR, CNY, GBP, INR gathered from the world most accurate exchanges.

Dubai Rates  – Overview

Gold prices are the prices you need to pay for one gram of gold defined by the international stock markets twice per day.

Type Morning Afternoon Evening Yesterday
OUNCE6,385.806,418.836,448.196,378.46
24 Carat210.75211.75212.75210.50
22 Carat198.00199.00199.75197.75
21 Carat188.75189.75190.75188.50
18 Carat161.75162.75163.50161.75

All of the rates published are quoted in AED (United Arab Emirates Dirham) per one gram of gold. The rates were last updated 20.04.2021 1.10 GMT

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DateUSD(am)USD(pm)EUR (am)EUR (pm)
12-dec-181244.751245.751098.2401096.260
11-dec-181248.251245.301096.5901098.350
10-dec-181246.801245.351092.570 1091.920
9-dec-181241.201243.301091.510 1091.990
8-dec-181236.451242.551091.660 1090.460
7-dec-181236.151235.901090.160 1091.180

International Gold Price / Gram

The LMBA price refers to the worth or value of gold for a troy ounce of pure gold. The Dubai retail rate given at this time is for a single gram. There are approximately 31 grams in a troy ounce.

The gold price in Dubai and the price given by the LMBA differ. This is because the numbers provided by the LMBA are only intended as a benchmark, and the Dubai trading block is also ahead of the London community. When Dubai opens for business, the price will be a day behind from LMBA. The Dubai rate is quoted at retail rates. This means that a small premium must be included to cover charges for customs and delivery charges.

DateUSD(am)USD(pm)AED (am)AED (pm)
13-dec-1840.0139.96146.96146.76
12-dec-1840.0240.05146.99147.11
11-dec-1840.1340.04147.41147.06
10-dec-1840.0940.04147.24147.06
9-dec-1839.9139.97146.57146.82
8-dec-1839.7539.95146.01146.73

Dubai Gold and Gold Jewellery Price

The price of an item of jewellery purchased in Dubai is made up cost of the gold used in the item and the making charge. A making charge is an additional cost added by the retailer to cover the costs associated with producing the jewellery. This charge ensures that the designer of the jewellery makes a profit on their time.

In the stores and outlets that sell jewellery around Dubai, it’s possible to haggle over the price of a piece. It’s worth noting that the seller can only adjust the making charge of the price. No retailer will sell a piece of gold for less than it’s current worth according to the retail price.

The making charge margins in Dubai and UAE are low compared to other regions of the world. Customers do not pay sales taxes or VAT, As a result the overall price of jewellery in Dubai and UAE is low.

UAE Gold Rates – In Dollars, Euros, Pounds, Yen and Indian Rupees

Today gold rate in UAE are: 18K: 161.75 AED, 21K: 188.75 AED, 22K: 198.00 AED, 24K: 210.75 AED, Ounce: 6.385,80AED.  (This prices are quoted in AED; United Arab Emirates Dirham for one gram of gold. The rates are updated twice a day: 10AM and 18PM ECT based the stats from LBMA)

Type Morning Afternoon Evening Yesterday
OUNCE6,385.806,418.836,448.196,378.46
24 Carat210.75211.75212.75210.50
22 Carat198.00199.00199.75197.75
21 Carat188.75189.75190.75188.50
18 Carat161.75162.75163.50161.75

All of the rates published are quoted in AED (United Arab Emirates Dirham) per one gram of gold. The rates were last updated 20.04.2021.05 GMT

UAE Money Transfer Exchange rates (Rates per 1 UAE Dirham)

Currencies Morning Evening Yesterday
INDIAN RUPEE
(INR)
20.22DH 49.45 /
1000 INR
20.22DH 49.45 /
1000 INR
20.25DH 49.38 /
1000 INR
PHILIPPINE PESO
(PHP)
13.12DH 76.21 /
1000 PHP
13.12DH 76.21 /
1000 PHP
13.13DH 76.16 /
1000 PHP
PAKISTANI RUPEE
(PKR)
41.42DH 24.14 /
1000 PKR
41.42DH 24.14 /
1000 PKR
41.44DH 24.13 /
1000 PKR
BANGLADESHI TAKA
(BDT)
23.10DH 43.29 /
1000 BDT
23.10DH 43.29 /
1000 BDT
23.10DH 43.29 /
1000 BDT
SRI LANKAN RUPEE
(LKR)
54.85DH 18.23 /
1000 LKR
55.00DH 18.18 /
1000 LKR
54.85DH 18.23 /
1000 LKR
NEPALESE RUPEE
(NPR)
32.58DH 30.69 /
1000 NPR
32.58DH 30.69 /
1000 NPR
32.61DH 30.66 /
1000 NPR

UAE Gold Rate (AED)

Silver Rates

CurrencyRateOpenLowHigh
USD per Ounce25.6125.6625.3725.65
AED per Ounce94.0194.1893.1394.14

UAE Foreign Exchange rates

CurrenciesUAE Dirham
Buy Sell
US DOLLAR
(USD)
0.2740.270
EURO
(EUR)
0.2300.224
BRITISH POUND
(GBP)
0.1990.195
JAPANESE YEN
(JPY)
37.37825.027
AUSTRALIAN DOLLAR
(AUD)
0.3570.345
CANADIAN DOLLAR
(CAD)
0.3460.334

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.