Gold Price in Dubai UAE Today — Live Rates in AED & USD

Gold price in Dubai today: AED 558–562 per gram for 24K gold (approximately $151.90–$153/gram USD), based on the Dubai Gold & Jewellery Group official rate as of mid-May 2026. Retail prices at jewellery shops and bullion dealers in Dubai are typically AED 4–5/gram above the official rate. The all-time high in Dubai was AED 664/gram for 24K, set on March 2, 2026.

24K Dubai gold rate today: AED 558–562/gram | ~$152/gram 22K Dubai gold rate today: AED 517–521/gram | ~$141/gram 21K Dubai gold rate today: AED 496–500/gram | ~$135/gram 18K Dubai gold rate today: AED 425–430/gram | ~$116/gram USD/AED: 3.6725 (fixed peg) All-time high (24K): AED 664/gram — March 2, 2026 Source: Dubai Gold & Jewellery Group | Updated: May 2026

Below is a live chart for Gold price in Dubai UAE today;

Dubai Gold Price Today by Karat — AED and USD Per Gram

Official rate = Dubai Gold & Jewellery Group published benchmark. Retail price = official rate + AED 4–5/gram making/handling charge. USD calculated at 1 USD = 3.6725 AED.

Gold Price in Dubai Per Ounce and Per Kilogram — May 2026

1 troy ounce = 31.1035 grams. USD/AED fixed peg: 3.6725.

How the Dubai Gold Price Is Set

Dubai gold prices are anchored to two fixed points that move independently and together determine what you pay:

The global LBMA spot price — The London Bullion Market Association publishes the gold benchmark twice daily. Every gold shop, bullion dealer, and refinery in Dubai prices from this universal baseline.

The USD/AED exchange rate — The UAE dirham is pegged to the US dollar at a fixed rate of 3.6725. This means AED gold prices move in direct lockstep with USD gold prices — when gold rises $10/gram globally, it rises AED 36.73/gram in Dubai. There is no exchange rate risk or ambiguity in this conversion.

Dubai’s market mechanism — Every morning, the Dubai Gold & Jewellery Group publishes official retail gold rates in AED across all karat levels. These are updated throughout the trading day as international spot prices move. All Dubai gold shops, souks, and bullion dealers display and adhere to these published rates. Retail prices sit AED 4–5/gram above the official rate, covering making charges, handling, and dealer margin.

No VAT on investment gold — Dubai levies no VAT on investment-grade gold bars and coins. Gold jewellery may carry making charges and a small VAT component in some cases. This tax advantage keeps Dubai among the most competitive gold markets globally for investors and bulk buyers.

Where to Buy Gold in Dubai

Dubai Gold Souk — Deira

Dubai Gold Souk is one of the most iconic gold market in the world. Hundreds of licensed shops in Deira’s Gold Souk sell 24K and 22K gold bars, coins, and jewellery at rates pegged to the Dubai Gold & Jewellery Group’s daily published prices. Shops here are regulated by Dubai Municipality and issue proper receipts, certificates, and weight documentation. Best for jewellery and smaller bar purchases in person.

Licensed Bullion Dealers — Al Quoz and Jebel Ali

For serious investors buying gold bars — 1 oz, 100g, 1kg, and above — licensed bullion dealers offer the tightest premiums over spot. Key names:

Emirates Gold Refinery — Dubai’s largest gold refiner, producing LBMA-accredited 24K gold bars. Sells through authorised dealer networks including iGold.ae.

Kaloti Precious Metals — One of the largest privately held gold refiners in the Middle East. Produces 24K gold bars and doré, serving institutional buyers globally.

Al Etihad Gold — Licensed bullion dealer offering investment-grade 24K gold bars with assay certification and competitive pricing for bulk buyers.

Online Gold Dealers — Buy Gold Bars in UAE Online

iGold.ae — Dubai’s most established online bullion platform. Publishes live gold rates updated every five seconds, sells Emirates Gold-branded 24K bars, and delivers with secure insured shipping within the UAE. Best online source for gold bars in Dubai.

Malabar Gold & Diamonds — One of the largest gold retailers in the UAE, with a full online store and insured UAE delivery. Certified purity, wide range of jewellery and investment bars.

Buy Gold Bars Africa Ltd — For UAE buyers sourcing certified 24K gold bars directly from Africa’s licensed mining supply chains — Ghana, Uganda, Tanzania, Ivory Coast, and Cameroon — at premiums of 2–4% above LBMA spot, below most Dubai retail rates.

Full LBMA-compatible assay certification, conflict-free sourcing documentation, and insured international delivery to any UAE address. Contact us for a live quote referenced to today’s LBMA spot.

Dubai Gold Price History — Key Reference Points

Gold in Dubai has gained approximately +36.7% over the past 12 months in AED terms. The current price is approximately 16% below the March 2026 all-time high — a pullback driven by hotter-than-expected US inflation data strengthening the dollar and eliminating Federal Reserve rate-cut expectations. Physical gold buyers in Dubai’s souks and bullion outlets have responded with increased accumulation at sub-AED 570 levels.

What Is Driving the Dubai Gold Price Right Now?

Middle East tensions and Strait of Hormuz disruption — the prolonged conflict and near-closure of the Strait of Hormuz has been the dominant structural driver of gold prices in the region throughout 2026.

Safe-haven demand surged, pushing gold to its March 2026 all-time high of AED 664/gram. A partial ceasefire in mid-May has brought some relief, pulling prices back to current levels.

US inflation and Federal Reserve policy — April 2026 CPI data showed US inflation at 3.8% year-on-year, the highest since 2023. Markets have priced out any Fed rate cut in 2026, with a 50% chance of a rate hike by December. Dollar strength from this dynamic is suppressing gold prices in USD terms — and by extension, AED terms — in the short run.

Strong physical demand from UAE residents and tourists — Dubai jewellery and bullion retailers reported surging demand when prices dipped to AED 548/gram in early May 2026, with many residents saving up to AED 1,000 per transaction compared to the March peak.

FAQs: Gold Price in Dubai UAE Today

What is the gold price in Dubai today per gram? As of mid-May 2026, the 24K gold rate in Dubai is AED 558–562 per gram (approximately $152–$153/gram USD) per the Dubai Gold & Jewellery Group. Retail prices at gold shops are AED 4–5/gram higher.

How much is 22K gold in Dubai today? 22K gold in Dubai is currently AED 517–521 per gram at the official rate, or AED 521–526 at retail — approximately $141–$143 per gram USD.

How much is 1 ounce of gold in Dubai today? One troy ounce (31.1g) of 24K gold in Dubai currently costs approximately AED 17,353–17,478 (~$4,726–$4,759 USD) at the official rate before retail premiums.

Is gold cheaper in Dubai than other countries? Dubai’s investment gold prices are among the most competitive globally because there is no VAT on bullion, making charges are low and regulated, and the market is highly competitive. However, buyers sourcing directly from African licensed dealers — particularly through Buy Gold Bars Africa Ltd — can access certified 24K gold at 2–4% above LBMA spot, which is typically tighter than Dubai retail premiums of 4–8% on smaller bar sizes.

Which is the best place to buy gold bars online in Dubai? iGold.ae is Dubai’s most established online bullion platform for UAE residents. For international buyers wanting gold shipped to the UAE from African mining supply chains at competitive premiums, Buy Gold Bars Africa Ltd offers full documentation, assay certification, and insured delivery.

What is the all-time high gold price in Dubai? AED 664 per gram for 24K gold, set on March 2, 2026 — equivalent to approximately $180/gram USD at that date’s exchange rate.

Is it a good time to buy gold in Dubai right now? The current price of AED 558–562/gram is approximately 16% below the March 2026 all-time high of AED 664/gram.

Physical gold dealers in Dubai report strong buying activity at current levels. This is market information, not financial advice — consult a qualified adviser for personal investment decisions.

What documents do I need when buying gold bars in Dubai? For investment-grade gold bars from licensed bullion dealers in Dubai: a valid passport or Emirates ID, a receipt, and an assay certificate stating the bar’s weight, purity, and serial number. For export, consult Dubai Customs for applicable regulations based on your destination country.

Do tourists pay VAT on gold in Dubai? Investment-grade gold bullion (bars and coins) is VAT-exempt in the UAE. Gold jewellery may carry VAT on the making charges component. Tourists can claim a VAT refund on eligible purchases at the airport — check the Dubai Tax Authority’s current tourist refund scheme terms.

Live Dubai Gold Price Sources

For real-time gold rates in Dubai, use these authoritative sources updated throughout the day:

• Dubai Gold & Jewellery Group — the official rate-setting body for Dubai retail gold prices
• Gulf News Gold & Forex (gulfnews.com/gold-forex) — live 24K, 22K, 18K gold rates updated by the Dubai Gold & Jewellery Group
• Khaleej Times Gold Rate (khaleejtimes.com/gold-forex) — live rates with historical charts and daily commentary
• iGold.ae — live Dubai gold bar prices updated every 5 seconds
• LBMA (lbma.org.uk) — official global AM/PM gold benchmark from which all Dubai prices derive

Key Numbers: Dubai Gold Price — May 2026