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Gold Rate in UAE Today
Live gold price in AED — 24K, 22K, 18K. Dubai Gold Souk rate. Updated every hour.
UAE Gold Price by Karat — AED per Gram
| Karat | Purity | AED per gram (Live) | Common Use |
|---|---|---|---|
| Loading live prices... | |||
Why Dubai is the World's Gold Capital
Dubai handles approximately 25% of the world's gold trade — roughly 1,400–1,600 tonnes annually. The Dubai Multi Commodities Centre (DMCC) and the Dubai Gold Souk are the twin pillars of this trade. For context:
- Zero import duty: UAE charges 0% on gold imports (India charges 15%, Turkey 1%, making Dubai an arbitrage hub)
- No VAT on investment gold: 24K bars and coins are VAT-exempt in the UAE. 22K jewelry carries 5% VAT.
- DMCC Good Delivery: UAE refineries (Kaloti, Emirates Gold) are LBMA-certified, ensuring internationally tradeable bars.
- Re-export hub: Over 50% of Dubai's gold imports are re-exported to India, Pakistan, and Southeast Asia.
Dubai Gold Souk — What You Need to Know
The Dubai Gold Souk in Deira is the world's largest gold market with over 380 retailers. It trades approximately 10–12 tonnes of gold daily. Key facts for buyers:
- Reference price: DMCC publishes an official UAE gold rate twice daily (morning and afternoon). Retailers may add 3–8% above spot for jewelry making charges.
- Investment gold: PAMP, Credit Suisse, and local refineries sell bars at ~0.5–1% above spot — the best value in the Souk.
- Negotiating: Making charges are negotiable, especially for large purchases. The gold content price itself is fixed to the DMCC rate.
- Hallmarking: All UAE gold jewelry must be hallmarked by DMCC since 2012. Look for the karat stamp and manufacturer code.
Gold Rate History — UAE (AED)
| Period | Approx. XAU/USD | 24K AED/gram (approx) | Notes |
|---|---|---|---|
| All-Time High (2024) | $2,449 | AED 289 | Rate cut expectations + safe haven |
| COVID ATH (Aug 2020) | $2,075 | AED 245 | QE surge, negative real rates |
| 2022 War premium | $2,043 | AED 241 | Russia-Ukraine, energy shock |
| 2018 Low | $1,174 | AED 139 | Fed rate hikes cycle |
| 2013 Crash | $1,180 | AED 139 | Taper tantrum; massive UAE buying |
Gold as Investment in UAE — Options
Physical Gold
- Bars from UAE refineries (0.5% above spot)
- PAMP Suisse bars at souks
- Emirates NBD Gold Account
- Store in DMCC free zone vault
Trading Gold (XAU/USD)
- No storage cost, no import duty
- Go long or short
- Up to 1:2000 leverage via Exness
- Trade anytime Sunday–Friday
Trade Gold from UAE — $1,850 CPA Exness Affiliate
UAE traders can open an Exness account with as little as $10. Trade XAU/USD with unlimited leverage on forex and 1:2000 on gold. Instant withdrawals via UAE bank transfer and local payment methods.
Open Account Free →Affiliate disclosure: We earn a commission when you open an account via our link.
Frequently Asked Questions
What is the gold rate in UAE today?
The live gold rate in UAE (AED per gram for 24K) is shown at the top of this page, updated every hour. The 24K, 22K, 21K, and 18K prices are calculated from the international XAU/USD spot price × USD/AED rate (3.6725).
Why is Dubai gold cheaper than other countries?
The UAE charges zero import duty on gold (India = 15%, many countries = 5–15%). There's also no VAT on investment gold in the UAE (24K bars). Combined with massive trading volumes and refinery proximity, Dubai gold is among the world's cheapest with minimal premiums over spot.
What is the 22 carat gold price in Dubai today?
22K gold is 91.67% pure. Dubai 22K price per gram = 24K price × 0.9167. The karat table on this page shows the live AED price for all karats. 22K is the most popular for UAE jewelry.
Is gold VAT-free in UAE?
24K gold bars and coins (investment grade) are VAT-exempt in the UAE. Jewelry (including 22K) carries 5% VAT since the 2018 VAT introduction, but making charges can be negotiated down. The gold content itself is calculated at the DMCC rate without VAT for investment pieces.
What is the DMCC gold rate?
The Dubai Multi Commodities Centre (DMCC) publishes an official UAE gold price benchmark twice daily (morning and afternoon), based on LBMA Gold Price. Retailers and Souk vendors use this as their base rate, adding making charges on top.