Dubai Gold Rate – Today’s price of 24,22,21 & 18 Carat Gold

Dubai Gold Rate – Today’s price of 24,22,21 & 18 Carat Gold

Updated on 10th February 2021

Retail Gold Rate in Dubai today

Carat Gold Rate in AED (per gram)
24K 223.5
22K 210
21K 200.5
18K 171.75

Gold Price in Dubai is fixed every day, by the Dubai Gold & Jewellery Group, based on the London Gold Market. Dubai’s Department of Economic Development displays the current gold price in digital notice boards at prominent gold trading locations including Gold Souq and Gold & Diamond Park.

Recent Dubai Gold Price Trends (per gram)

24K 22K 21K 18K
10th February 2021 223.5 210 200.5 171.75
09th February 2021 221.75 208.25 198.75 170.5
08th February 2021 219.75 206.5 197 169
07th February 2021 219.75 206.5 197 169
06th February 2021 219.75 206.5 197 169
05th February 2021 219.5 206.25 196.75 168.75
04th February 2021 220.5 207.25 197.75 169.5
03rd February 2021 222.75 209.25 199.75 171.25
02nd February 2021 226 212.25 202.5 173.5
01st February 2021 223.75 210.25 200.75 172
31st January 2021 223.75 210.25 200.75 172
30th January 2021 223.75 210.25 200.75 172
29th January 2021 223 209.25 199.75 171.25
28th January 2021 222.5 209 199.5 171
27th January 2021 223.75 210.25 200.5 172
26th January 2021 225.75 212 202.25 173.25
25th January 2021 225.75 212 202.25 173.25
24th January 2021 225.75 212 202.25 173.25
23rd January 2021 225.25 211.75 202 173
22nd January 2021 225.25 211.75 202 173
21st January 2021 225 211.25 201.5 172.75
20th January 2021 223.25 209.75 200 171.5
19th January 2021 221.75 208.25 198.75 170.5
18th January 2021 221.5 208 198.5 170.25
17th January 2021 224.25 210.75 201 172.25
16th January 2021 224.25 210.75 201 172.25
15th January 2021 223 209.5 200 171.25
14th January 2021 222.75 209.25 199.75 171.25
13th January 2021 225.25 211.5 201.75 173
12th January 2021 224 210.5 200.75 172.25
11th January 2021 224.25 210.5 201 172.25
10th January 2021 228.75 215 205 175.75
09th January 2021 228.75 215 205 175.75

There are multiple price components while buying gold at a jewellery shop.Buying Gold in Dubai : Gold buying tips

    • Actual gold weight.
      • The weight of the jewellery is usually calculated including the weight of gem stones. The gem stones are generally considered as low valued, compared to the gold.
    • Making charges for the gold jewellery
      • Making charges are fixed as a % of the weight of the gold and added to the price of the jewellery. Intricate designs are usually priced at a higher % than simpler designs.
  • It is advisable to invest in Gold coins or bars if the purpose of buying gold is only for investment since gold coins and gold bars are usually charged nil making charges and do not contain any worthless gem stones
  • Every jewellery shop, including the large ones always provide a discount. Always haggle on the making charges % and reduce it as much as possible.
  • Find out if the shops have a reward program and capitalize on any cash back that they provide as part of the rewards programs

Gold Carats explained

A carat is 1/24 part of pure gold by weight

  • 24 carat = pure gold
  • 22 carat = 22 parts pure gold, 2 parts other metals
  • 21 carat = 21 parts pure gold, 3 parts other metals
  • 18 carat = 18 parts pure gold, 6 parts other metals

How is International Gold Price Calculated?

The international gold price is set by the London Bullion Market Association (LBMA). It is determined by auctions that takes place twice a day. The participants of the LBMA are Bank of China, Barclays, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Scotia-Mocatta , Societe Generale, Standard Chartered, and UBS.

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