Gold Price Today in the UAE
Live gold spot price in UAE dirhams per troy ounce, gram, and kilogram. Updated daily with market analysis, historical context, and expert insights for UAE gold investors, jewelers, and consumers.
📊 Updated daily · Next update: October 5, 2026
Gold Price in AED by Weight & Karat
| Weight | 24K (99.9%) | 22K (91.6%) | 21K (87.5%) | 18K (75%) |
|---|---|---|---|---|
| 1 Gram | د.إ489.10 | د.إ448.02 | د.إ427.96 | د.إ366.82 |
| 5 Grams | د.إ2,445.50 | د.إ2,240.08 | د.إ2,139.81 | د.إ1,834.12 |
| 10 Grams | د.إ4,891.00 | د.إ4,480.15 | د.إ4,279.62 | د.إ3,668.25 |
| 1 Tola (11.66g) | د.إ5,704.77 | د.إ5,225.56 | د.إ4,991.67 | د.إ4,278.57 |
| 1 Troy Ounce | د.إ15,212.71 | د.إ13,934.84 | د.إ13,311.12 | د.إ11,409.53 |
| 1 Kilogram | د.إ489,099.18 | د.إ448,014.84 | د.إ427,961.78 | د.إ366,824.38 |
UAE Gold Market Overview
🇦🇪 Gold in the UAE
The United Arab Emirates, particularly Dubai, is known as the "City of Gold" — one of the world's most important gold trading hubs. Dubai's Gold Souk in Deira is legendary, with hundreds of retailers offering gold jewelry, bars, and coins. The UAE is a major gateway for gold flowing between producing countries, India (the world's largest consumer), and the rest of the world. Dubai's DMCC (Dubai Multi Commodities Centre) facilitates billions in gold trade annually.
The UAE gold market is characterized by competitive pricing, low premiums, and a vast selection. Gold is traded in tolas, grams, and ounces. 22K gold is the most popular for jewelry, while 24K is preferred for investment bars and coins. The UAE imposes 5% VAT on gold jewelry but investment gold (99.5%+ pure) can be VAT-free under certain conditions.
📊 Key Market Factors for AED Gold
AED/USD Peg: The UAE dirham is pegged to the US dollar at AED 3.6725 = $1 USD. This fixed exchange rate means AED gold prices directly mirror USD gold prices with minimal currency fluctuation impact.
Dubai Gold Souk: The iconic gold market sets daily retail rates based on international prices. Prices are competitive due to high volume, low margins, and intense competition among hundreds of retailers.
VAT Regulations: 5% VAT applies to gold jewelry. Investment-grade gold (99.5%+ purity) registered under the UAE Bullion Market can qualify for VAT exemption, affecting investment demand.
Regional Demand: The UAE serves as a gold trading hub for the Middle East, India, and Africa. Tourist gold purchases, Indian expatriate demand, and regional trade flows all influence the market.
How to Buy Gold in the UAE
🏪 Dubai Gold Souk
The world-famous Gold Souk in Deira, Dubai has 300+ retailers offering gold jewelry, bars, and coins. Prices are highly competitive. Always negotiate making charges and verify current gold rates before purchasing. Similar souks exist in Sharjah and Abu Dhabi.
🏦 Bullion Dealers & Banks
DMCC-registered bullion dealers, Dubai Gold & Commodities Exchange (DGCX), and major banks offer gold bars and coins. Emirates Gold and other UAE refiners produce certified gold bars. Look for DMCC certification for quality assurance.
📈 Digital & Modern Options
DGCX offers gold futures trading. Several digital gold platforms operate in the UAE. Gold ETFs listed on Dubai Financial Market (DFM) and NASDAQ Dubai provide exchange-traded exposure. Many platforms allow fractional gold ownership.
UAE Gold Price History
| Year | Approx Price (AED/oz) | Key UAE Event |
|---|---|---|
| 2000 | د.إ1,040 | Gold Souk expansion; steady demand |
| 2008 | د.إ3,280 | Financial crisis; safe-haven surge |
| 2011 | د.إ6,950 | Gold peaks; Souk tourism boom |
| 2015 | د.إ4,250 | Gold stabilizes; VAT discussions |
| 2018 | د.إ4,700 | VAT introduced at 5% on jewelry |
| 2020 | د.إ7,580 | COVID; record gold in AED |
| 2024 | د.إ7,400+ | DMCC growth; tourism recovery |
Frequently Asked Questions About UAE Gold Prices
As of October 4, 2026, 24K gold is trading at د.إ15,212.71 per troy ounce in the UAE. This is equivalent to د.إ489.10 per gram for 24K. 22K gold (most popular for jewelry) is approximately د.إ448.02 per gram.
Dubai gold is competitively priced due to high trading volumes, intense competition among 300+ retailers, low import duties, and the UAE's position as a global gold hub. The AED's peg to USD also ensures stable pricing. Making charges are negotiable.
5% VAT applies to gold jewelry in the UAE. Investment-grade gold (99.5%+ purity bars and coins) can qualify for VAT exemption under the UAE Bullion Market regulations. Always confirm VAT treatment with your dealer.
The AED is pegged to USD at 3.6725. This means AED gold prices directly mirror USD prices with minimal currency fluctuation. UAE gold prices are among the most stable in the world, tracking international benchmarks closely.
The Dubai Gold Souk in Deira offers 300+ retailers with competitive prices. Dubai Mall and Mall of the Emirates have branded jewelry stores. DMCC offers wholesale bullion. Compare prices across multiple shops and negotiate making charges.
22K (91.6% pure) is the most popular for jewelry in the UAE. 24K is used for investment bars and coins. 21K and 18K are also widely available. All gold sold in Dubai must be hallmarked and purity verified by the Dubai Central Laboratory.
Yes. Tourists can claim VAT refund on gold purchases when leaving the UAE through the Tax Free Shopping program. Minimum purchase amounts and retailer participation apply. Keep receipts and request VAT refund forms at the point of purchase.
Our UAE gold price updates once daily via GoldAPI.io with server-side caching. The spot price shown is before VAT and making charges. Gold Souk retail prices may vary slightly by shop.