Live prices in AED per gram · Updates every 2 minutes
24K Spot Price
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AED per gram
24K
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AED per gram
99.9% Pure Gold
22K
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AED per gram
91.6% Gold
21K
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AED per gram
87.5% Gold
18K
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AED per gram
75.0% Gold
14K
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AED per gram
58.5% Gold
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Understanding Gold Purity: 24K, 22K, 21K & 18K
Not all gold is equal. The karat number tells you how much pure gold is in an alloy. Here is a quick comparison to help you decide which type suits your needs.
Karat
Purity
Gold %
Best For
24K
99.9%
Investment bars, coins
22K
91.6%
Jewellery (most popular in UAE)
21K
87.5%
Rings, bangles, everyday wear
18K
75.0%
Diamond jewellery, modern designs
Why Dubai is the Best Place to Buy Gold
Dubai is known globally as the City of Gold. The UAE charges zero import duty on gold bars and only 5% VAT on jewellery — far lower than most countries. This, combined with direct sourcing from mining regions, makes Dubai one of the most competitive gold markets in the world.
At Raza Gems, we source precious metals directly — no chain of middlemen — so you always get fair, transparent pricing whether you are buying a gold ring, a custom piece, or an investment bar.
3 Tips for Buying Gold in the UAE
01
Check the live rate first
The AED rate changes throughout the day based on international markets. Always check this page or the digital screens in shops before you pay.
02
Negotiate making charges
The gold rate itself is fixed by the Dubai Gold & Jewellery Group. However, the labour/making charge added by the jeweller can often be negotiated.
03
Always get a digital receipt
Your receipt should show the weight in grams, the karat purity, the day's rate, and the making charge separately. Keep this for resale or insurance purposes.
Frequently Asked Questions
Yes. The UAE has no import duty on gold bars and a low 5% VAT on jewellery, making it one of the most price-competitive gold markets in the world. Buyers from India, Europe, and Asia frequently travel to Dubai specifically to purchase gold.
Gold prices fluctuate based on global economic news, the US dollar strength, and geopolitical events. Monitoring the trend over 5–7 days can help you identify a price dip. In general, prices tend to be more stable early in the UAE trading day before US and European markets open.
International gold markets (London, New York) are closed on Saturdays and Sundays. UAE gold prices therefore remain largely stable over the weekend unless a major global event causes after-hours trading movement. Shops in the Dubai Gold Souk typically stay open 7 days a week.
24K gold is 99.9% pure and is too soft for most jewellery — it is primarily used for investment bars and coins. 22K gold is 91.6% pure, mixed with small amounts of silver or copper for strength, making it the most popular choice for rings, necklaces, and bangles in the UAE.
The international gold spot price is quoted in USD per troy ounce. To get the AED per gram rate: first convert USD/oz to USD/gram (divide by 31.1035), then multiply by the USD/AED exchange rate (approximately 3.6725). The Dubai Gold & Jewellery Group then adds a small retail premium and announces the official daily rate each morning.
Gold rates shown are derived from international spot prices converted to AED using the Dubai Jewellery Group methodology and are for reference only.
Actual purchase prices in shops include making charges and may vary slightly from the Dubai Gold & Jewellery Group's official daily announcement.
Raza Gems LLC · Gold & Diamond Park, Al Quoz, Dubai, UAE.