Gold Price Today in Dubai, UAE
Live gold rates in UAE Dirham (AED). Based on international spot price at fixed AED/USD peg rate of 3.6725.
24K Gold
AED 360
per gram
▲ +0.41%22K Gold
AED 330
per gram
18K Gold
AED 270
per gram
Gold Rate in Dubai by Weight (AED)
| Weight | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| 1 gram | AED 360 | AED 330 | AED 270 |
| 2 grams | AED 720 | AED 660 | AED 540 |
| 5 grams | AED 1,801 | AED 1,651 | AED 1,350 |
| 8 grams | AED 2,881 | AED 2,641 | AED 2,161 |
| 10 grams | AED 3,601 | AED 3,301 | AED 2,701 |
| 20 grams | AED 7,202 | AED 6,602 | AED 5,402 |
| 50 grams | AED 18,006 | AED 16,506 | AED 13,505 |
| 100 grams | AED 36,012 | AED 33,011 | AED 27,009 |
| 1 Tola (11.66g) | AED 4,200 | AED 3,850 | AED 3,150 |
Gold Price: Dubai vs India
| Purity | Dubai (AED/g) | India (INR/g) | India Premium |
|---|---|---|---|
| 24K Gold | AED 360 | ₹8,188 | +0.0% |
| 22K Gold | AED 330 | ₹7,506 | +0.0% |
| 18K Gold | AED 270 | ₹6,141 | +0.0% |
* India prices include customs duty (15%) and GST (3%). Dubai has zero import duty on gold.
About Gold Market in Dubai
Dubai is one of the world's premier gold trading centers. The Dubai Multi Commodities Centre (DMCC) handles billions of dollars in gold trade annually, making the UAE the world's second-largest gold trading hub after London.
Gold prices in Dubai are set daily by the Dubai Gold & Jewellery Group based on international spot prices. The UAE Dirham is pegged to the US Dollar at a fixed rate of AED 3.6725 per USD, so gold prices in AED move directly with the international USD gold price without exchange rate volatility.
Popular gold shopping destinations include the Dubai Gold Souk in Deira (300+ shops), Gold Land in Mall of the Emirates, and various jewelry stores in Dubai Mall. Making charges in Dubai typically range from AED 10-50 per gram depending on design complexity.
FAQs - Gold Price in Dubai
What is the gold rate in Dubai today?
The gold rate in Dubai today is approximately AED 360 per gram for 24K gold and AED 330 per gram for 22K gold. Dubai gold prices closely follow the international spot price (XAU/USD) converted to AED at the fixed peg rate of 3.6725 AED/USD.
Is gold cheaper in Dubai than India?
Yes, gold is generally 5-8% cheaper in Dubai compared to India. This is because India charges 15% customs duty + 3% GST on gold imports, while Dubai has zero import duty on gold. However, when traveling back to India, you can only carry up to 1 kg of gold (men) or jewelry (women) and must pay customs duty on amounts exceeding the duty-free allowance.
Why is gold popular in Dubai?
Dubai is one of the world's largest gold trading hubs due to: (1) Zero import duty on gold, (2) No VAT on investment gold (bars/coins), (3) Strategic location between Asia, Europe, and Africa, (4) The famous Dubai Gold Souk with 300+ retailers, (5) Dubai Multi Commodities Centre (DMCC) as a global trading hub, and (6) Strong demand from Indian, Pakistani, and Arab communities.
What is the Dubai Gold Souk?
The Dubai Gold Souk is a traditional market in Deira, Dubai, with over 300 jewelry retailers. It is one of the largest gold markets in the world, offering 22K, 21K, 18K, and 24K gold in various forms. Prices are based on the daily gold rate plus making charges (which are negotiable). The Souk operates from 10 AM to 10 PM (4 PM - 10 PM during Fridays).
Do you pay tax on gold in Dubai?
Investment gold (bars and coins of 99%+ purity) is VAT-exempt in the UAE. Gold jewelry is subject to 5% VAT. There is no import duty on gold in Dubai. This tax advantage makes Dubai one of the cheapest places to buy gold globally. However, you must declare gold when traveling internationally and may be subject to customs duty in your destination country.