Question 1

What is the gold rate in UAE today for 24-karat, 22-karat, 21-karat and 18-karat?

Accepted Answer

As at [auto-pulled date], retail prices were AED xxx (24K), AED xxx (22K), AED xxx (21K) and AED xxx (18K) per gram, based on Dubai Gold & Jewellery Group’s bulletin.

Question 2

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

Accepted Answer

Rates are issued twice daily (morning & evening) by the Dubai Gold & Jewellery Group, which tracks the London Gold Fix and AED–USD exchange rates.

Question 3

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

Accepted Answer

Lower import duties, VAT rebates for tourists, and high bullion turnover keep premiums tight, so headline prices can be 5–7% below many Western markets.

Question 4

Is VAT included in the quoted Dubai gold price?

Accepted Answer

Yes—5% VAT is baked into the retail gram price, and tourists can claim a refund at the airport on eligible purchases.

Question 5

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

Accepted Answer

Most visitors can export up to 10 kg duty-free from the UAE, but your home country’s duty-free allowance (e.g., 40 g into India) still applies—always check local rules before flying.

Question 6

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

Accepted Answer

Karat measures purity: 24K = 99.9%, 22K ≈ 91.6% (often stamped “916”), 21K ≈ 87.5%, 18K = 75%.

Question 7

How do jewellers calculate making charges in the UAE?

Accepted Answer

Making charges are a labour fee (AED/g or % of gold value); negotiate—5%–12% is typical for plain bangles, higher for intricate diamond pieces.

Question 8

What factors influence gold prices in the UAE?

Accepted Answer

Several key factors influence gold prices in the UAE:nnGlobal 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.nnCurrency 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.nnLocal 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.nnTaxes 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.

Question 9

How can I buy gold safely in Dubai?

Accepted Answer

To buy gold safely in Dubai, consider the following tips:nnChoose 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.nnCheck 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.nnGet 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.nnBe cautious online: If buying gold online, conduct thorough research to avoid scams. Verify the seller's reputation and check for customer reviews.

Type	Morning	Yesterday
Ounce	12,356.46	12,356.46
24K	397.25	397.25
22K	367.75	367.75
21K	352.75	352.75
18K	302.25	302.25

Gold Rate UAE

Latest UAE Gold Prices News

Analysts expect high-level talks over the weekend between the U.S. and China to drive flows away from gold, further limiting price gains

The Fed held interest rates steady on Wednesday, but said risks of higher inflation and unemployment rose

Spot gold declined by 1.2 percent to $3,388.67 an ounce after a strong previous session.

Market analysts predict that any dovish signals from the Fed could further support gold prices

Traders expect 80 basis points of rate cuts this year after strong job growth reported in April

The easing of trade tensions between the U.S. and China amid hopes for a deal is weighing on gold prices

U.S. President Donald Trump said he has "potential" trade deals with India, South Korea and Japan

U.S. consumer confidence dipped to its lowest point in nearly five years amid tariff concerns

Investors will watch key U.S. economic reports this week, including job openings and payroll data

The dollar rose 0.2 percent, making gold bullion pricier for international buyers

Bullion has surged over $700 this year, setting multiple record highs and reaching $3,500.05 on Tuesday

Despite a 13 percent drop in gold jewellery demand, bullion interest remains strong in the country

Trump expressed optimism that a trade deal with China could “substantially” reduce tariffs on Chinese goods

Prices declined as Trump eased Fed threats and optimism for a trade deal increased

Amid Trump-Fed clash and trade tensions

Amid trade war concerns and weaker dollar

Geopolitical risks stemming from the Russia-Ukraine war and the ongoing conflicts in the Middle East continue to raise safe-haven demand for gold

The U.S. dollar index lost some of its recent gains after rising 1.6 percent last week

Data on Thursday showed that U.S. producer prices picked up in October, adding to signs that progress toward lower inflation was stalling

The U.S. dollar rose to a one-year high while treasury yield rose to its highest since July

Markets currently await the release of the U.S. Consumer Price Index data

Higher inflation levels may force the Fed to a slower easing path, further supporting the dollar and impacting gold prices

U.S. dollar held near a four-month high as investors continued to gravitate towards assets that are benefiting from Trump's election

The dollar gained 0.08 percent to 105.08 on Monday after marking significant gains following the U.S. Presidential election