Gold Rate UAE

Gold rates in UAE are influenced mainly by the London Gold Market Fixing, which is the most renowned benchmark for gold prices worldwide. Locally, prices are determined by the Dubai Gold and Jewellery Group. In the UAE, gold is available in four purity levels: 24K, 22K, 21K and 18K.

Type Morning Evening Yesterday
Gold Icon Ounce 12,511.38 12,542.48
Gold Icon 24K 402.25 403.25
Gold Icon 22K 372.25 373.50
Gold Icon 21K 357.00 357.75
Gold Icon 18K 306.00 307.00
*Source: Dubai Gold & Jewellery Group.
All prices are in AED
Last update: 23 August 2025

Frequently Asked Questions (FAQ)

How often are UAE gold prices updated and who sets them?

Rates are issued twice daily by the Dubai Gold & Jewellery Group, based on the London Gold Fix and AED–USD exchange rates.

Why are gold prices usually cheaper in Dubai than in many other countries?

Lower import duties, VAT refunds for tourists, and high trading volumes help keep premiums lower—typically 5–7% below Western markets.

Is VAT included in the quoted Dubai gold price?

Yes, the 5% VAT is included in retail prices. Tourists can claim eligible VAT refunds at the airport.

Can tourists take gold bought in Dubai back home, and what are the customs limits?

Most travelers can take up to 10 kg duty-free out of the UAE, but destination country limits (e.g., 40g into India) still apply—always check your local rules.

What is the difference between 24K, 22K, 21K, and 18K gold?

Karat refers to purity: 24K = 99.9%, 22K ≈ 91.6%, 21K ≈ 87.5%, and 18K = 75%.

How do jewellers calculate making charges in the UAE?

Making charges are labor fees, either per gram or as a % of the gold value. 5%–12% is typical for plain gold items, and higher for diamond or intricate designs.

What factors influence gold prices in the UAE

Several key factors influence gold prices in the UAE:

  1. Global market trends: Gold prices are primarily driven by international market rates, which fluctuate based on global demand and supply dynamics. Events such as economic instability or geopolitical tensions can lead to increased demand for gold as a safe-haven asset.
  2. Currency strength: The value of the U.S. dollar impacts gold prices, as gold is typically priced in dollars. A stronger dollar can lead to lower gold prices and vice versa.
  3. Local demand: In the UAE, cultural factors and seasonal demand, particularly during festivals and weddings, can affect local gold prices. The UAE is known for its vibrant gold market, especially in places like the Gold Souk.
  4. Taxes and duties: The UAE has a relatively low tax regime for gold purchases, with only Value-Added Tax (VAT) applied, making it more attractive for buyers compared to other countries.

How can I buy gold safely in Dubai?

To buy gold safely in Dubai, consider the following tips:

  1. Choose reputable dealers: Purchase gold from well-known retailers or the Dubai Gold Souk, where merchants are regulated and offer authentic products. Look for shops displaying the Dubai Jewellery Group (DJG) certification.
  2. Check purity and hallmarks: Ensure the gold you buy has a hallmark indicating its purity (e.g., 24K for pure gold). You can also verify the Hallmark Unique Identification (HUID) code for authenticity.
  3. Get a certificate: Always request a digital certificate that details the gold’s weight and purity. This serves as proof of authenticity and can be useful for resale.
  4. Be cautious online: If buying gold online, conduct thorough research to avoid scams. Verify the seller’s reputation and check for customer reviews.

Latest UAE Gold Prices News

Dubai 24-carat gold prices lose AED1.5 as dollar firms ahead of Powell’s remarks

The U.S. dollar index hovered close to a two-week high, reducing gold’s appeal for international buyers

Dubai 24-carat gold prices fall to AED402.25 as investors eye Fed rate cut hints at Jackson Hole 

Investors are watching closely to see whether Powell emphasizes support for the labor market or prioritizes inflation risks

Dubai 24-carat gold price today little changed at AED402, global rates hit three-week low ahead of Fed symposium

The yellow metal reached a near three-week low as the dollar strengthened, impacting investor sentiment significantly

Dubai 24-carat gold price today falls to AED402.25 as investors await Fed meeting

U.S. futures for gold slightly declined, while Fed expectations weigh on market dynamics this week

Dubai 24-carat gold prices rise to AED404.75 as investors eye Trump-Zelenskiy meeting

Gold prices started the session under pressure but managed to rebound, supported by a pullback in U.S. Treasury yields

Dubai 24-carat gold prices climb to AED403.25 on softer dollar, prices set for weekly fall

Bullion has lost 1.5 percent so far this week as stronger-than-expected U.S. inflation data dampened hopes for a larger rate cut

Dubai 24-carat gold prices fall to AED405 as global rates rise on softer dollar, Fed rate cut bets

Traders are betting on the possibility of a 50-basis-point Fed rate cut in September, pushing the dollar lower, lifting gold prices and driving yields down

Dubai 24-carat gold price today climbs to AED404.25 following U.S. inflation data release

U.S. inflation data met expectations, influencing traders' outlook on potential Fed rate adjustments

Dubai 24-carat gold price today rises above AED406, global rates relieved as Trump’s tariff decision calms markets

Trump's assurance against gold tariffs calms markets; traders eye U.S. CPI and Fed rate cut expectations closely now

Dubai 24-carat gold prices fall to AED406.75 as potential easing of geopolitical risks weighs on safe-haven demand

Trump announced on Friday that he will meet with Putin in Alaska on August 15 to negotiate an end to the war in Ukraine

Dubai 24-carat gold prices climb to AED409 as U.S. gold futures jump to all-time high

U.S. gold futures for December delivery hit an all-time high of $3,534.10 on Friday

Dubai 24-carat gold prices rise to AED407 as safe-haven demand surges on new India tariffs

Gold prices found support as the U.S. dollar index hovered near a one-week low, pressured by unexpectedly weak U.S. jobs data

Gold prices rise 27 percent this year, but is the rally over?

Key drivers that have propelled metals higher in recent years remain intact, and additional tailwinds could emerge in the second half

Dubai 24-carat gold price dips to AED407, global rates decline as investors await Trump’s Fed appointments

U.S. dollar strength dampens gold's appeal, with spot gold trading slightly down at $3,376.01 per ounce

Dubai 24-carat gold price today up to AED407.50, global rates rise as U.S. jobs data boosts Fed rate cut

U.S. employment growth was weaker than expected, with disappointing job additions and revised payroll figures 

Dubai 24-carat gold price today falls to AED405.25, global rates slip amid weak U.S. jobs data

U.S. job growth decelerated in July, raising concerns about the overall health of the economy

Dubai 24-carat gold price today falls to AED396.75, sees weekly loss on stronger dollar

The Fed maintained interest rates, dampening expectations for a September rate cut amid inflation

Dubai 24-carat gold prices gain AED3 on renewed trade uncertainty

The uncertainty surrounding tariffs has added to global market volatility, reinforcing gold's appeal as a safe-haven asset

Critical week ahead for stocks: What investors need to know

Investors navigate uncertainties with the Fed's potential interest rate cuts looming large this week

Dubai 24-carat gold price drops below AED399 as tariff fears diminish, dollar strengthens

Investors await key U.S. macroeconomic data and Federal Reserve meeting with rates expected to remain steady

Dubai 24-carat gold prices rise to AED402.5 as dollar weakens following U.S.-EU tariff deal

The U.S. dollar index was down 0.1 percent, making greenback-priced bullion more affordable for overseas buyers

Dubai 24-carat gold prices fall to AED405 as trade optimism weighs on safe-haven demand

The U.S. dollar index was on track for its worst weekly performance in a month

Dubai 24-carat gold prices fall to AED407.5 as global rates dip on easing trade tensions

The dollar index fell 0.06 percent to 97.15 on Thursday, a more than two-week low

Dubai 24-carat gold price today climbs AED5.25 to AED414 as investors eye Trump’s tariff deadline

Treasury Secretary hints at meeting with China, suggesting possible extension of August tariff deadlines