Live Dubai Gold Rate Charts (2024)

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Current Live Retail Gold Rate in Dubai UAE

24K22K21K18K
282.42 AED258.89 AED247.12 AED211.81 AED
Prices updated: 01/06/2024 15:23:02

Today Gold Price

Welcome to our daily gold price chart for Dubai! We provide you with the most accurate and up-to-date gold prices in United Arab Emirates Dirham (AED) per gram, allowing you to make informed decisions when purchasing or selling gold bars and coins. Our gold price data is sourced from reliable market sources and is updated throughout the day to ensure you always have access to the latest information. Whether you're a savvy investor, gold enthusiast, or simply looking to buy a precious gift, our easy-to-use platform is your go-to resource for Dubai's gold prices. Don't miss out on valuable market insights – bookmark our page and stay informed about today's gold prices in Dubai.

Gold Rate Charts

iGold is Dubai’s best source for gold prices via our fast-loading charts. As one of Dubai’s top online bullion dealers we provide you with all of the real-time movements in the UAE gold rate, updated every 5 seconds.

Whether you’re looking to follow the Gold Rate in Dubai or the global Gold Spot Price today, this week, this month or even historically - we’ve got it covered.

Use our interactive charts to display the specific information that you are seeking, there are hundreds of combinations available!

You can tailor your gold price chart via time frame and currency and even search by Karat or Fineness.

Dubai gold Rate

The Live Retail Gold Rate in Dubai is prominently displayed in gold trading locations such as the Gold Souk, Deira. This is not the global Spot rate but a maximum rate that jewellers and dealers are allowed to charge on the gold content of retail sales and has a small margin built into it to offset bullion delivery and customs charges. The purchase price of gold jewellery in Dubai is therefore a combination of the current Dubai retail gold rate plus a making charge. The price of the gold is set but the making charge can be negotiated.

International Gold Rate

The International Gold Rate or Spot rate that we display on our charts is the current gold rate reported from real transactions taking place globally. Gold is a commonly traded metal and the price will fluctuate as rates are negotiated and agreed upon internationally. The gold bullion market also has access to the LBMA Gold Fix, a benchmark rate set twice every trading day in London and used as guidance for global trades.

The international gold rate is an important factor that can impact the gold price in Dubai. As a major player in the global gold market, Dubai is influenced by the fluctuations in international gold rates. When international gold rates increase, the gold price in Dubai is likely to follow suit and vice versa. As such, it's important to stay informed about the international gold rate and its potential impact on the gold price in Dubai. Additionally, geopolitical events, global economic conditions, and other factors can also influence the international gold rate, which can in turn affect the gold price in Dubai. By keeping an eye on these factors, investors can potentially make better investment decisions and capitalise on fluctuations in the gold price.

Gold Carat Rates

The Carat or Karat of Gold is a mark of the purity of the metal and an important factor to consider when buying Dubai gold. The carat rating of gold refers to the amount of pure gold in a piece of jewellery or bullion.

Dubai gold is commonly sold in 24-karat, 22-karat, and 18-karat ratings, with 24-karat gold being the purest form. The higher the carat rating, the more pure gold the piece contains, which can affect the gold price.

It's important to understand that the carat rating can also impact the durability and strength of the gold piece. 24-karat gold is softer and more malleable than lower-carat ratings, which can make it more prone to scratches and dents. Lower carat ratings, like 18-karat gold, are stronger and more durable but may contain more alloy metals that can affect the colour and appearance of the gold. As such, it's important to consider both the carat rating and the intended use of the gold piece before purchase and factor this into the gold price you are willing to pay.

Retail gold rates in Dubai are the prices at which gold is sold to customers in the city's gold market. These rates can fluctuate based on a range of economic and geopolitical factors, including global gold prices, exchange rates, and local demand.

It's important to understand the retail gold rates and how they are determined. It's also important to only work with reputable dealers and shops to ensure that you are getting genuine gold at a fair price. The gold rates in Dubai are usually displayed on large screens in the gold market, making it easy for buyers to compare prices and make informed decisions. By staying informed about the retail gold rates and market conditions in Dubai, investors and buyers can potentially make smarter investment decisions and maximise their returns.

Gold Price In Dubai

Dubai is one of the world's major gold trading hubs, with a thriving gold market and numerous dealers selling gold to locals and tourists alike. The price of Dubai gold is set by several factors, including global prices, the exchange rate, and local demand. As such, the gold price in Dubai can fluctuate based on a range of economic and geopolitical factors.

For those interested in buying Dubai gold, it's important to understand how the gold price is set and what factors can influence it. One way to stay up-to-date on the gold price is to monitor global gold prices, as fluctuations in these prices can impact the Dubai gold price. It's also important to consider the exchange rate, as changes in the exchange rate can impact the final price of gold.

In addition to global gold prices and exchange rates, local demand can also impact the price of gold in Dubai. During the peak tourist season, for example, demand for gold may increase, which can drive up the price. Similarly, local events or economic conditions can also impact the demand for gold in Dubai. As such, it's important for those interested in investing to keep an eye on local market conditions and factors that may influence the price of gold.

Why buy Dubai Gold?

The UAE is a prominent player in the global gold market and the gold price in Dubai is set by various economic and geopolitical factors. These include global gold prices, exchange rates, and local demand, all of which can affect the gold price in Dubai. As such, fluctuations in the gold price can occur, driven by these factors.

If you are considering investing in gold, it's important to stay informed about the gold price and the factors that affect it. You can monitor global gold prices, which can impact the gold price in Dubai, and also consider the exchange rate, as changes in the exchange rate can affect the final price of gold.

Local market conditions and events can also impact the demand for gold in Dubai, affecting the gold price as a result. By staying aware of these factors, you can make more informed decisions when investing in gold in Dubai and potentially secure better deals.

When buying gold in Dubai, it's crucial to ensure that you are buying from a reputable dealer to avoid scams or purchasing counterfeit gold. Look for the Dubai Good Delivery logo, which certifies that the gold bars produced in Dubai meet high-quality standards. Additionally, it's essential to check the current gold price and compare it with the price offered by the dealer, as some dealers may charge a premium for their gold. Whether you choose to invest in physical gold or other investment vehicles, like ETFs or gold futures, it's important to be aware of the risks and costs associated with each option.

Investing in gold can provide a hedge against inflation, and Dubai can offer attractive opportunities due to its thriving gold market. However, it's important to remember that the gold price can fluctuate, and market conditions can change quickly. This means that it's important to stay informed about the gold price and market conditions before making any investment decisions.

Whether you choose to invest in physical gold or other investment vehicles, make sure to do your research and only buy gold from reputable dealers to ensure that you are getting genuine gold at a fair price.

Sell Gold Jewellery in Dubai

Selling gold or gold jewellery in Dubai can be a lucrative opportunity for those looking to cash in on their precious metals or unwanted items. However, it's important to understand the market conditions in Dubai before selling your gold. The gold price in Dubai can fluctuate based on a range of factors, including global gold prices, exchange rates, and local demand. As such, it's important to monitor these factors and the current gold price before selling your gold to ensure that you are getting a fair price for your items.

Investing in gold can provide a hedge against inflation, and acquiring gold in Dubai can present attractive opportunities due to its thriving gold market. However, it's essential to remember that the gold price can vary, and market conditions can alter rapidly. This means that it's critical to remain informed about the gold price and market conditions before making any investment choices.

Live Dubai Gold Rate Charts (2024)
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