Gold Rate In Dubai Today ( 24k,22k )

Gold Rate In Dubai Today: The 24k gold price in Dubai is AED 245.75 per gram, and the 22ct gold price in Dubai is AED 227.50.

Dubai’s gold market is known for being highly voletile with regular price swings. It is important for both consumers and investors to stay informed about the current gold rates in Dubai. Here, we look into the specifics of the current gold prices in Dubai.

Gold Rate In Dubai Today 24 carat (AED)

Weight Gram24 Carat (999 Gold) TodayYesterday
1 Gram Gold RateAED 245.75AED 245.25
8 Gram Gold RateAED 1,966AED 1,962
10 Gram Gold RateAED 2,457.50AED 2452.50
100 Gram Gold RateAED 24,575AED 24,525

Today the price of 24 carat 1 gram pure gold in Dubai is AED 245.75. The price of 24 carat 10 gram gold in Dubai is AED 2457.50.

Gold Rate In Dubai Today 22 carat (AED)

Weight Gram22 Carat (999 Gold) TodayYesterday
1 Gram Gold RateAED 227.50AED 227
8 Gram Gold RateAED 1,820AED 1,816
10 Gram Gold RateAED 2,275AED 2,270
100 Gram Gold RateAED 22,750AED 22,700

Today the price of 22 carat 1 gram pure gold in Dubai is AED 227.50. The price of 22 carat 10 gram gold in Dubai is AED 2,275.

Gold Rate In Dubai Today 18 carat (AED)

Weight Gram18 Carat Gold TodayYesterday
1 Gram Gold RateAED 186.10AED 185.70
8 Gram Gold RateAED 1,488.80AED 1485.60
10 Gram Gold RateAED 1,861AED 1,857
100 Gram Gold RateAED 18,610AED 18,570

Today the price of 18 carat 1 gram pure gold in Dubai is AED 186.10. The price of 18 carat 10 gram gold is AED 1,861.

24 carat Gold Rate Today Dubai In INR

Weight Gram24 Carat (999 Gold) TodayYesterday
1 Gram Gold Rate5,5645,550
8 Gram Gold Rate₹44,510₹44,396
10 Gram Gold Rate55,64055,500
100 Gram Gold Rate5,56,4005,55,000

Today, the price of 24 carat 1 gram pure gold in Dubai is ₹5,564. The price of 24 carat 10 gram gold is ₹55,640.

22 carat Gold Rate Today Dubai In INR

Weight Gram22 Carat (916 Gold) TodayYesterday
1 Gram Gold Rate5,1505,137
8 Gram Gold Rate₹41,20441,092
10 Gram Gold Rate51,50051,370
100 Gram Gold Rate5,15,0005,13,700

Today, the price of 22 carats of 1 gram of pure gold in Dubai is ₹5,150. The price of 22-carat, 10-gram gold is ₹51,500.

Gold Rate In Dubai Last Week ( 1 gram )

Date22K Gold Rate24K Gold Rate
December 21, 2023AED 228AED 246
December 20, 2023AED 228AED 246
December 19, 2023AED 227AED 245
December 18, 2023AED 227AED 245
December 17, 2023AED 227AED 245
December 16, 2023AED 227AED 245
December 15, 2023AED 228AED 246
December 14, 2023AED 229AED 247
December 13, 2023AED 223AED 240
December 12, 2023AED 223AED 240
December 11, 2023AED 224AED 242
December 10, 2023AED 225AED 243
December 9, 2023AED 225AED 243

Dubai has an ancient relationship with gold that is based on its strong trade and rich cultural heritage. The market for gold in the city has experienced an incredible journey that has resulted in its current position as a global center for the precious metal.

Factors Affecting Gold Rates in Dubai Today

  • Global Market Trends: A major factor affecting Dubai’s rates is the global gold market. The price of gold in the city is typically directly impacted by changes in worldwide prices.
  • Currency Rates: Local gold prices are affected by the Emirati dirham’s value in relation to other major currencies. Price increases or decreases may result from fluctuations in exchange rates.
  • Demand and Supply: Events such as weddings, festivals, and investment goals fuel the demand for gold in Dubai, which in turn affects pricing. Furthermore, the supply of gold that is available affects the rates as well.

Gold’s Historical Significance in Dubai

Dubai was a well-known trading port on the old Silk Road centuries ago. In this commerce, gold was essential and drew traders from far-off places. The city’s connection to gold changed over time, growing to be an important aspect of its character both economically and culturally.

Gold in Traditional Culture

In Dubai, gold is deeply symbolic of culture, appearing in customs, festivals, and ceremonies. It is a common feature at festivals and weddings and represents wealth and heritage.

Modern Era: Growing Gold Market in Dubai

Dubai became a major international hub for the trading of gold in the modern age. The city’s gold souks gained international attention in the 1940s and started drawing buyers and traders. The government of Dubai gradually put measures in place to encourage the gold sector, which helped it grow.

Gold Prices in Their Historical Environment

Dubai’s gold prices have a history of stability and durability. The city’s gold market has remained strong despite variations driven on by outside factors, providing a good environment for both buyers and investors.

Gold and the Economic Situation in Dubai

The economy of Dubai is greatly impacted by the gold industry. The city’s importance as a center of international trade is shown by the Dubai Gold and Commodities Exchange (DGCX).

In conclusion, Dubai’s history of gold has an intricate relationship to both its cultural heritage and its economic development. Understanding current gold prices is enhanced by knowing this historical background, which highlights the city’s everlasting connection to this precious metal.

FAQs

Why do gold rates in Dubai fluctuate daily?

Demand-supply dynamics, currency changes, and worldwide market trends are some of the reasons why gold prices change.

Are the gold rates the same across all shops in Dubai?

No, because of things like dealer preferences and manufacturing charges, gold rates can differ slightly between shops.

How often do gold rates change during the day in Dubai?

Depending on local demand as well as movements in the worldwide market, gold prices in Dubai might fluctuate many times every day.

How much is 1 gold in Dubai today?

Today the price of 22 carat 1 gram pure gold in Dubai is AED 228. The price of 22 carat 10 gram gold in Dubai is AED 2280.

What is the 22 carat gold price in Dubai?

Today the price of 22 carat 1 gram pure gold in Dubai is AED 228. The price of 22 carat 10 gram gold in Dubai is AED 2280.

How much is 24K gold per gram in Dubai?

Today the price of 24 carat 1 gram pure gold in Dubai is AED 246. The price of 24 carat 10 gram gold in Dubai is AED 2,460.

How much is 18K gold in Dubai today?

Today the price of 18 carat 1 gram pure gold in Dubai is AED 186.10. The price of 18 carat 10 gram gold is AED 1,861.

Is gold cheap in Dubai than India?

Yes, gold is 15% cheaper in Dubai than in India only because of the high taxes collected on gold in India.

What Is Malabar gold rate in Dubai?

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