Gold Price Today in UAE - Live 22K & 24K Rates (October 2025)

The current gold price in UAE stands at د.إ460.17 per gram for 22 karat gold and د.إ502.01 per gram for 24 karat gold as of October 18, 2025. Gold prices in UAE are updated hourly based on international spot prices from the London Bullion Market Association (LBMA). Whether you're shopping at Dubai Gold Souk, buying gold jewelry for a wedding, investing in gold bars, or taking advantage of UAE's 0% VAT on gold, understanding today's gold rates across different Emirates is essential for making informed financial decisions.

This comprehensive guide provides live gold prices for 3 major UAE cities, explains why UAE gold is cheaper than many countries, and offers insights into factors affecting gold rates today. We'll also help you understand the difference between 24K, 22K, and 18K gold prices and provide practical tips on calculating the total cost of gold jewelry including making charges in Dubai, Abu Dhabi, and Sharjah.

Gold Rate Today in Top 3 UAE Cities

Gold prices vary slightly across different UAE cities due to factors like local demand, transportation costs, and market competition. Dubai typically has the most competitive gold prices as it's the primary gold trading hub with the famous Dubai Gold Souk. Here are today's gold rates in major UAE cities:

Note: Gold prices are updated hourly based on international spot rates and LBMA benchmarks. For live prices with our FREE Jewelry Purchase Cost Calculator, visit our Gold Price Tool.

Understanding 24K, 22K, and 18K Gold Prices in UAE

Gold purity is measured in karats (K), with 24K being the purest form. Understanding the difference between these purity levels is crucial when buying gold jewelry or coins in UAE's vibrant gold market.

24 Karat Gold (99.9% Pure)

Current Price: د.إ502.01 per gram

Purity: 99.9% pure gold

Common Uses: Gold coins, bars, and investment purposes. 24K gold is too soft for regular jewelry as it bends easily.

Characteristics: Bright yellow color, maximum resale value, preferred by investors and banks. Popular in Dubai for investment purchases.

22 Karat Gold (91.6% Pure) - Most Popular in UAE

Current Price: د.إ460.17 per gram

Purity: 91.6% gold + 8.4% other metals (copper, silver, zinc)

Common Uses: Wedding jewelry, traditional ornaments, chains, bangles, and rings. The standard choice in Dubai Gold Souk.

Characteristics: Perfect balance of purity and durability, slightly harder than 24K, retains excellent resale value. This is the preferred choice for 80% of UAE jewelry buyers.

18 Karat Gold (75% Pure)

Current Price: د.إ376.50 per gram

Purity: 75% gold + 25% other metals

Common Uses: Modern jewelry designs, diamond jewelry settings, contemporary ornaments popular in Dubai malls.

Characteristics: More durable and scratch-resistant, allows for intricate designs, lower gold value but stronger metal composition.

Price Per 10 Grams Comparison:

• 24K Gold: د.إ5,144 per 10 grams
• 22K Gold: د.إ4,715 per 10 grams
• 18K Gold: د.إ3,858 per 10 grams

Gold Price Movement in UAE - Last 7 Days

Gold prices have shown slight volatility over the past week, influenced by global market conditions and USD stability (AED is pegged to USD at 3.67). Here's how 22K and 24K gold prices have moved in the last seven days:

Weekly Analysis: Gold prices have shown moderate volatility over the past week with an overall upward trend. The average 22K gold price for the week was د.إ460.17 per gram, showing that current prices are above the weekly average. The 24K gold price averaged د.إ502.01 per gram during this period.

Gold Price Forecast for Tomorrow

Based on current market indicators, tomorrow's gold prices in UAE are expected to remain stable with a possible marginal increase of 0.10-0.20%. Several factors suggest this trend:

• International Spot Price: Global gold prices showing slight upward momentum
• USD Strength: US dollar remains stable (AED is pegged at 3.67)
• Market Sentiment: Positive demand from Dubai Gold Souk and wedding season
• LBMA Trends: London Bullion Market showing mild bullish signals

Disclaimer: Gold prices are subject to rapid changes based on global economic conditions, geopolitical events, and market volatility. This forecast is for informational purposes only and should not be considered investment advice. For real-time price updates, visit our Live Gold Price Tracker.

Why Gold Prices Change Daily in UAE

Gold prices in UAE fluctuate every day—sometimes even multiple times within the same day—due to a complex interplay of international and local factors. Understanding these variables helps you make better decisions about when to buy gold in Dubai or other Emirates.

International Factors Affecting Gold Prices

1. Global Spot Price (USD/oz)

The international gold spot price, determined by the London Bullion Market Association (LBMA) and COMEX exchanges, is the primary driver of UAE gold rates. When global gold prices rise in USD per ounce, UAE prices increase proportionally due to the AED-USD peg. Currently, international gold is trading around $2,650-$2,700 per troy ounce (31.1 grams).

2. USD Strength and AED Peg

Since the UAE Dirham is pegged to the US Dollar at a fixed rate of 3.6725 AED per USD, gold prices in UAE directly reflect USD movements against other global currencies. Unlike India where rupee fluctuations impact prices, UAE gold pricing remains stable relative to dollar movements, making it predictable for investors.

3. US Federal Reserve Policies

Interest rate decisions by the US Federal Reserve affect gold prices inversely. When the Fed raises interest rates, the dollar strengthens and gold becomes less attractive, leading to lower prices. Conversely, rate cuts or dovish monetary policy typically boost gold prices globally, including in UAE.

4. Geopolitical Tensions

Gold is considered a safe-haven asset during times of geopolitical uncertainty. Wars, trade disputes, and political instability drive investors toward gold, pushing prices higher. Recent tensions in the Middle East and ongoing global trade concerns have contributed to elevated gold prices in 2025, benefiting UAE's position as a regional gold trading hub.

UAE-Specific Factors Affecting Gold Prices

1. Dubai Gold Souk and Market Demand

Dubai Gold Souk, one of the world's largest gold markets, plays a significant role in regional pricing. High trading volumes and competitive markets keep prices efficient. The Souk handles over 10 tonnes of gold daily, with prices updated multiple times to reflect international benchmarks.

2. 0% VAT Advantage

Unlike many countries (India: 3% GST, Saudi Arabia: 15% VAT), UAE levies 0% VAT on gold and diamond purchases. This tax-free status makes UAE one of the most attractive destinations for gold buying globally, particularly for tourists and expats sending gold home.

3. Dubai Multi Commodities Centre (DMCC)

DMCC regulates gold trading standards in Dubai, ensuring quality hallmarking and fair pricing. The center's policies influence market transparency and consumer confidence, indirectly affecting demand and pricing dynamics.

4. Tourism and Expat Demand

UAE's large expat population (89% of total population) and millions of tourists annually create consistent gold demand. Seasonal surges during Ramadan, Eid, Diwali (for Indian expats), and Dubai Shopping Festival can create temporary price premiums in local markets.

5. Re-Export Trade

Dubai serves as a major gold re-export hub, with significant trade to India, Africa, and Asia. This wholesale activity influences retail pricing, keeping Dubai prices competitive compared to destination markets.

Total Cost of Buying Gold Jewelry Today in UAE

When purchasing gold jewelry in UAE, the final price you pay includes several components beyond just the gold rate per gram. Understanding the complete cost structure helps you avoid surprises and negotiate better with jewelers in Dubai Gold Souk or mall outlets.

Complete Cost Breakdown: Gold Jewelry Purchase in UAE

Let's calculate the total cost of buying a 10-gram gold bracelet (22 karat) today in Dubai:

Understanding Each Cost Component

1. Making Charges (varies: د.إ30-80 per gram)

Making charges compensate the jeweler for craftsmanship, labor, and artistry. Rates vary based on design complexity:

• Simple designs: د.إ30-40/gram (plain chains, simple bangles)
• Medium designs: د.إ40-60/gram (carved rings, structured bracelets)
• Heavy/intricate designs: د.إ60-80/gram (elaborate necklaces, detailed ornaments)

2. Wastage (typically 3-8%)

Wastage accounts for gold lost during the manufacturing process (melting, casting, polishing). In Dubai Gold Souk, wastage is generally lower (3-5%) compared to India (8-12%) due to advanced manufacturing techniques. Some jewelers include wastage in making charges, while others charge it separately. Always clarify this before purchase.

3. VAT (Value Added Tax)

UAE's Major Advantage: 0% VAT on gold and diamonds!

• 0% VAT on gold value: No tax on base gold price or wastage (vs India's 3% GST)
• 5% VAT on making charges: Applied only to craftsmanship costs

This tax structure makes UAE significantly cheaper for jewelry purchases compared to countries with higher gold taxes.

UAE vs India: Cost Comparison

Key Insight: Despite similar base gold rates, UAE offers 15-20% lower total jewelry cost due to 0% VAT, lower making charges, and reduced wastage. This makes Dubai an attractive destination for gold jewelry purchases, especially for tourists and expats.

Want to calculate the exact cost for your jewelry purchase? Use our FREE Jewelry Purchase Cost Calculator with live gold prices, customizable making charges, wastage percentages, and automatic tax calculation. You can even print a detailed quote to compare jeweler prices in Dubai Gold Souk!

Is Today a Good Day to Buy Gold in UAE?

Deciding whether to buy gold today depends on multiple factors including your purpose (jewelry vs investment), price trends, and market conditions. Here's a comprehensive analysis to help you make an informed decision.

Current Market Conditions (October 18, 2025)

• Price Trend: Increasing (+1.61% from yesterday)
• Weekly Average: Current price is 1.2% above weekly average
• Market Sentiment: Moderately bullish due to global uncertainties and regional demand
• Recommendation: FAVORABLE for purchase - Prices showing upward momentum, buy if needed urgently

When to Buy Gold: Strategic Timing in UAE

Best Times to Buy Gold in UAE:

1. Price Dips Below Weekly Average

When 22K gold falls below د.إ465/gram, it's generally considered a good buying opportunity. Monitor prices for 2-3 days to identify genuine dips versus temporary fluctuations.

2. During Dubai Shopping Festival (DSF)

Held annually in January-February, DSF offers special gold promotions with reduced making charges or waived wastage. Many Dubai Gold Souk retailers participate with attractive offers.

3. Ramadan and Eid Periods

While demand is high, many jewelers offer special discounts and flexible payment options during:

• >>Ramadan (March-October 2025)
• Eid Al-Fitr and Eid Al-Adha
• Islamic New Year

4. Summer Season (June-August)

Tourist footfall decreases during UAE's hot summer months, leading to promotional offers in Dubai Gold Souk to attract buyers. This can be a strategic window for investment purchases.

5. Global Economic Uncertainty

Paradoxically, when gold prices spike due to global crises, it's a good time for long-term investment as prices tend to remain elevated, offering hedge against economic downturns.

Gold Investment Options in UAE

Beyond physical jewelry, UAE residents and investors have multiple options for gold investment, each with unique advantages suited to different financial goals.

1. Physical Gold (Coins, Bars, Jewelry)

Pros: Tangible asset, cultural value, no investment account needed, 0% VAT advantage, easy liquidity in Dubai Gold Souk

Cons: Storage concerns (safe deposit box costs), making charges for jewelry, insurance costs

Best For: Traditional buyers, gifts, portfolio diversification, expats sending gold home

Current 24K Coin Price: د.إ502.01 per gram (no making charges for investment coins)

Where to Buy: Dubai Gold Souk, licensed dealers, banks (Emirates NBD, ADCB offer gold coins)

2. Digital Gold Platforms

Pros: No storage hassle, buy from د.إ1, easily convertible to physical gold, backed by DMCC vaults

Cons: Platform dependency, small convenience fees (0.5-1%)

Best For: Millennials, small regular investors, those without physical storage options

Popular Platforms: OneGram (Islamic), BitOasis (crypto-backed), UAE Exchange digital gold

3. Gold ETFs (Exchange Traded Funds)

Pros: Stock market liquidity, no storage, transparent pricing, lower costs, tradable on DFM/ADX

Cons: Brokerage account required, annual management fees (0.3-0.5%), no physical possession

Best For: Stock market investors, frequent traders, portfolio rebalancing

Popular Gold ETFs: Emirates NBD Gold ETF, Dubai Gold & Commodities Exchange ETFs

4. Gold Savings Schemes

Pros: Monthly installment flexibility, discounted making charges after completion, no interest charges

Cons: 11-12 month commitment, limited to participating jewelers

Best For: Planned wedding purchases, systematic savers

Popular Schemes: Malabar Gold (My Own Gold), Joyalukkas (Monthly Jewellery Plan), Damas schemes

Tax Implications of Gold Investment in UAE

Good News for Investors:

• No Capital Gains Tax: UAE levies 0% capital gains tax on gold profits
• No Income Tax: Gold trading profits are tax-free for individuals
• 0% Import Duty: For personal use (up to certain limits for tourists)
• 0% VAT on Gold: Physical gold and investment gold are VAT-exempt
• 5% VAT on Making: Only on jewelry craftsmanship, not gold value

This tax-free environment makes UAE one of the world's most attractive destinations for gold investment and trading.

Dubai Gold Souk: Shopping Guide

Dubai Gold Souk in Deira is one of the world's largest and most famous gold markets, housing over 380 retailers selling gold, diamonds, and precious stones. Here's how to shop smart:

Location & Timings

Address: Sikkat Al Khail Street, Deira, Dubai

Timings: Saturday-Thursday: 10 AM - 10 PM | Friday: 4 PM - 10 PM

Metro: Al Ras Metro Station (Green Line) - 5 minutes walk

Shopping Tips for Dubai Gold Souk

1. Check Hallmark: Look for 916 (22K) or 999 (24K) hallmark stamps. UAE law mandates quality hallmarking.
2. Negotiate Making Charges: Base gold rate is fixed, but making charges are negotiable. Aim for د.إ30-40/gram.
3. Compare 3-4 Shops: Prices are competitive, but designs and making charges vary. Take quotes before deciding.
4. Ask for Wastage Breakdown: Some shops hide wastage in making charges. Get itemized receipts.
5. Time Your Visit: Weekday mornings (10 AM - 12 PM) are less crowded, better for negotiation.
6. Payment Methods: Cash offers better negotiation power. Cards accepted but may include 2-3% surcharge.
7. Tourist Refund: Non-residents can claim VAT refund on making charges at airport (keep receipts).

Reputable Retailers in Dubai Gold Souk

• Damas Jewellery - Established 1907, known for quality
• Malabar Gold & Diamonds - Large Indian chain with fixed making charges
• Joyalukkas - Extensive collection, transparent pricing
• Pure Gold Jewellers - Modern designs, competitive prices
• ARY Jewellers - Traditional Arabic and Indian designs

Frequently Asked Questions - Gold Price Today UAE

What is the gold price today in UAE for 22 karat?

The current 22 karat gold price in UAE is د.إ460.17 per gram as of October 18, 2025. For 10 grams, the price is د.إ4,715. The 22K gold rate is updated hourly based on international spot prices and LBMA benchmarks. Prices may vary by د.إ0.5-1 per gram across Dubai, Abu Dhabi, and Sharjah due to minor local market differences.

Why is UAE gold cheaper than India?

UAE gold is cheaper than India primarily due to tax differences: (1) 0% VAT on gold in UAE versus 3% GST in India, (2) Lower making charges in Dubai (د.إ30-60/gram) compared to India (₹500-1,000/gram), (3) Lower wastage percentage in UAE (3-5%) versus India (8-12%), and (4) No additional state taxes or entry duties. These factors make total jewelry cost 15-20% lower in UAE despite similar base gold rates.

Is VAT applicable on gold purchase in UAE?

No, VAT is NOT applicable on gold and diamond purchases in UAE. Gold value is 0% VAT-rated, making it completely tax-free. However, a 5% VAT is applicable on making charges (craftsmanship costs) only. For example, buying 10g of 22K gold at د.إ460.17/gram with د.إ400 making charges would attract 0% VAT on د.إ4,715 (gold value) and 5% VAT (د.إ20) on making charges only. Total VAT paid: only د.إ20.

What are making charges in Dubai Gold Souk?

Making charges in Dubai Gold Souk typically range from د.إ30 to د.إ80 per gram depending on design complexity: (1) Simple designs (plain chains, bangles): د.إ30-40/gram, (2) Medium designs (carved rings, bracelets): د.إ40-60/gram, (3) Intricate designs (elaborate necklaces, temple jewelry): د.إ60-80/gram. Making charges are negotiable, and many shops offer discounts during Dubai Shopping Festival or bulk purchases. Always compare quotes from 3-4 retailers before buying.

How does Dubai gold price compare to international markets?

Dubai gold prices closely follow international LBMA spot prices with minimal markup due to the AED-USD peg (1 USD = 3.6725 AED). Current 24K price in Dubai (د.إ502.01/gram) equals approximately $140/gram or $4,354/oz, which aligns with global spot rates of $2,650-2,700/oz. Dubai's advantage lies not in base gold rates but in 0% VAT, making total jewelry cost lower than markets with gold taxes like India (3% GST) or Saudi Arabia (15% VAT).

When is the best time to buy gold in UAE?

The best times to buy gold in UAE are: (1) During Dubai Shopping Festival (January-February) when retailers offer reduced making charges and special discounts, (2) When prices dip below the weekly average (currently below د.إ465/gram for 22K is favorable), (3) Summer months (June-August) during off-tourist season with promotional offers, (4) Ramadan and Eid periods with special schemes and flexible payment options, and (5) When international gold prices show downward correction while geopolitical tensions ease.

Can tourists buy gold tax-free in Dubai?

Yes, tourists can buy gold completely tax-free in Dubai as gold purchases are 0% VAT-rated. While 5% VAT is charged on making charges, tourists can claim this VAT refund at Dubai Airport using the Tax Refund scheme. Keep your receipts and passport, visit the Tax Refund desk before check-in, and get 5% VAT refunded on making charges. The gold value itself is permanently tax-free. There's no limit on gold quantity for personal use, but declare amounts over $10,000 at customs when entering your home country.

What is the difference between 22K and 24K gold in UAE?

The main differences between 22K and 24K gold in UAE are: Purity - 24K is 99.9% pure gold (hallmark 999) while 22K is 91.6% pure gold (hallmark 916) with 8.4% alloy metals. Price - 24K costs د.إ502.01/gram versus 22K at د.إ460.17/gram (د.إ42.87 difference per gram). Durability - 22K is harder and more suitable for daily-wear jewelry, while 24K is softer and bends easily. Uses - 24K is preferred for investment (coins, bars) in UAE, while 22K is preferred for jewelry purchases in Dubai Gold Souk (80% of sales). Resale - Both have excellent resale value, but 24K has slightly better buyback rates.

Conclusion: Making Smart Gold Purchase Decisions in UAE

Understanding today's gold prices in UAE requires more than just checking the rate per gram. With 22 karat gold at د.إ460.17 and 24 karat at د.إ502.01 per gram, now represents a moderately favorable buying opportunity as prices show upward momentum amid global economic conditions.

Whether you're shopping at Dubai Gold Souk for wedding jewelry, investing in gold coins for portfolio diversification, or taking advantage of UAE's 0% VAT benefit, being informed about price trends, city-wise variations, and the complete cost structure empowers you to make better decisions. Remember to factor in making charges (د.إ30-80/gram) and wastage (3-5%) when calculating your jewelry purchase budget - and enjoy the significant tax savings compared to other markets.

Key Takeaways:

• Gold prices are updated hourly based on international LBMA benchmarks and AED-USD peg stability
• Dubai offers the most competitive prices in UAE; city premiums range from د.إ0.5-1/gram
• 22K gold is preferred for jewelry (91.6% pure); 24K for investment (99.9% pure)
• Total jewelry cost = Base price + Making charges + Wastage + 5% VAT on making only
• UAE's major advantage: 0% VAT on gold (saves 3-15% vs other countries)
• Dubai Shopping Festival, Ramadan, and summer season offer best discounts
• Alternative investments include Digital Gold, Gold ETFs, and Savings Schemes - all tax-free

For live gold price updates with hourly refresh, historical price charts, city-wise comparison, and our FREE Jewelry Purchase Cost Calculator, visit MarketsHost Gold Price Tool. Track prices across 3 UAE cities, calculate exact jewelry costs with custom making charges, and stay informed about market trends to time your gold purchases perfectly in Dubai, Abu Dhabi, or Sharjah.

Last Updated: October 18, 2025, 10:00 AM GST | Next Update: Hourly
Data Source: LBMA International Spot Prices, Hourly API Integration
Disclaimer: Gold prices mentioned in this article are indicative and subject to change based on market conditions. The information provided is for educational purposes only and should not be considered as financial or investment advice. Please verify current rates with Dubai Gold Souk retailers or visit our live gold price tool before making purchase decisions. MarketsHost is not responsible for any financial decisions made based on this content.