Gold Price In UAE Today (1 Gram, Tola & Ounce Prices)

 Updated On: July 7, 2024

As of July 7, 2024, the gold rate in United Arab Emirates is AED 282.42 per gram for 24k gold, AED 8,784.24 per ounce, and per tola for 24k gold is AED 3,294.09. The UAE Dirham known for its stability and play a vital role for determining the gold price in UAE. The strongest currency means lower gold prices and a weaker currency means highest price of gold in UAE.

The gold demand in UAE is for various purposes including cultural and religious customs. Apart from that, individuals also purchase gold for significant life events such as weddings, festivals, and as a form of investment.

The gold supply to the UAE (United Arab Emirates) intricately linked to global trade, with imports from various countries contributing to the local market. The UAE major gold exporter is India, plays a crucial role in determining the availability and pricing of gold in the country.

Gold Rate In United Arab Emirates Today On Sunday 07 Jul, 2024

• Gold rate per Tola in United Arab Emirates today is AED 3,294.15 on Sunday 07 Jul, 2024 .
• 1 gram of 24k Gold was being sold at AED 282.42 and 10 grams of 24K Gold were being traded for AED 2,824.20.
• A single ounce of 24 Karat Gold was trading at AED 8,784.25 .

Gold Rate Per Tola In United Arab Emirates Today

Gold Rate Per Gram In United Arab Emirates Today

The gold rate per gram in United Arab Emirates today is 282.42 AED for 24 Karat, 258.89 AED for 22 Karat, 247.12 AED for 21 Karat. You can further check a detailed table given below for each karat separately along with how much change in gold prices today. These tables are updated on a daily basis and getting prices from reliable sources.

24k Per Gram Today In United Arab Emirates

The 24k Per Gram in United Arab Emirates today is 282.42 AED (1 gram 24k today) and it was 282.42 AED (1 gram 24k yesterday). So the change in 24k per gram is approximately 0.00 AED. You can furhter check in below table for 8g, 10g, 50g and 100g.

22k Per Gram Today In United Arab Emirates

The 22k Per Gram in United Arab Emirates today is 258.89 AED (1 gram 22k today) and it was 258.89 AED (1 gram 22k yesterday). So the change in 22k per gram is approximately 0.00 AED. You can furhter check in below table for 8g, 10g, 50g and 100g.

21k Per Gram Today In United Arab Emirates

The 21k Per Gram in United Arab Emirates today is 247.12 AED (1 gram 21k today) and it was 247.12 AED (1 gram 21k yesterday). So the change in 21k per gram is approximately 0.00 AED. You can furhter check in below table for 8g, 10g, 50g and 100g.

18k Per Gram Today In United Arab Emirates

The 18k Per Gram in United Arab Emirates today is 211.82 AED (1 gram 18k today) and it was 211.82 AED (1 gram 18k yesterday). So the change in 18k per gram is approximately 0.00 AED. You can furhter check in below table for 8g, 10g, 50g and 100g.

How Much Is My Gold Worth In UAE?

Here we have a calculator that can help you to find gold prices for Ounce, Gram, Kilo, Penny Weight, Tola, Tael, Bhat, Bhori, Ratti and Masha. Apart from that you can set purity level as well according to your need.

Gold Prices Today In Major Cities Of United Arab Emirates

The below-given table shows gold prices in different cities of United Arab Emirates. You can check Tola, Gram, Ounce & Kilogram rates in major cities of United Arab Emirates by clicking on the buttons given below.

Historical Graph For The Gold Rate In United Arab Emirates

What factors influence the gold market in the United Arab Emirates?

The gold market in United Arab Emirates is influenced by global, regional and local factors. Below we share a some important factors that affect gold prices in UAE.

1. Global Gold Prices: There is a simple rule or we can say that international markets directly or indirectly influence local markets in UAE. Increase or decrease in international markets results in increase or decrease of gold prices in local markets of UAE.
2. Currency Exchange Rates: The value of UAE Dirham against major currencies especially the US Dollar affect gold prices in UAE. A strong Dirham generally leads to lower gold prices in local currency, and vice versa.
3. Geopolitical Events: The United Arab Emirates consider as a strong geopolitical hotspots in the Middle East that can impact gold prices. Another major factor that cause gold price fluctuations is Uncertain geopolitical conditions that drive investors towards safe-haven assets like gold.
4. Consumer Demand: Cultural and religious practices significantly influence gold demand in the UAE. Purchases for weddings, festivals, and other celebrations contribute to the overall demand for gold, impacting prices.
5. Investor Sentiment: The sentiment of investors, both local and international, plays a role in determining short-term price movements. Perception of economic conditions, market speculation, and global financial trends contribute to investor sentiment.

How can one buy and sell physical gold in the United Arab Emirates?

Buying and selling physical gold in the United Arab Emirates (UAE) involves various methods, each catering to different preferences and requirements. Here are some common avenues for buying and selling physical gold in the UAE:

Buying of Physical Gold In UAE:

Here below we share methods that how can you buy gold physically in the United Arab Emirates.

Jewelry Stores and Gold Souks:

• Where to Find: Visit well-established jewelry stores and gold souks, particularly in cities like Dubai and Abu Dhabi.
• What to Expect: These outlets offer a wide range of gold jewelry, coins, and bullion. Prices may include making charges for jewelry.

Gold Bullion Dealers:

• Where to Find: Locate authorized gold bullion dealers or banks offering gold bars and coins.
• What to Expect: These dealers provide investment-grade gold, typically in the form of bars or coins. Prices may be based on the current spot price of gold.

Gold Exchanges and Online Platforms:

• Where to Find: Explore online platforms or gold exchanges that facilitate the purchase of physical gold.
• What to Expect: Some platforms allow users to buy gold online and have it delivered or stored in secure vaults. Ensure the platform is reputable and adheres to regulations.

Selling Of  Physical Gold In UAE:

Below are the methods that you can follow to sell gold in UAE.

Jewelry Stores and Gold Souks:

• Where to Find: Sell gold items back to the same jewelry stores or gold souks where you made the purchase.
• What to Expect: They may buy back gold at the prevailing market rate, considering factors like purity and weight.

Gold Bullion Dealers:

• Where to Find: Locate authorized gold bullion dealers or banks that buy back gold.
• What to Expect: These entities may offer to buy back investment-grade gold, with prices based on the current market rate.

Gold Exchanges and Online Platforms:

• Where to Find: Some online platforms facilitate the selling of gold. Ensure they have a secure and transparent selling process.
• What to Expect: You may have the option to sell back gold online and receive funds or physical delivery, depending on the platform.

Private Sales:

• Where to Find: Consider private sales to individuals or businesses interested in purchasing gold.
• What to Expect: Prices may vary, and the transaction may involve negotiations. Ensure that the buyer is reputable.

Check Gold Prices In Other Countries:

Here below table show the Gram, Tola, and Ounce rates in other countries. You can check in detail by visiting/clicking on the link. Below the table just shows the Today, Yesterday and how much change in 2 days in gold prices.