UAE Gold Price Today · 24K

How Gold Pricing Works in the UAE

UAE gold prices are set centrally by the Dubai Gold & Jewellery Group, which publishes a twice-daily fix based on the London spot price (in USD per troy ounce) converted to AED at the pegged rate of 3.6725. This single rate applies to licensed retailers across Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, and Fujairah — only the making charges differ from shop to shop.

The UAE Dirham has been pegged to the US Dollar at 3.6725 since 1997, which means local gold prices move almost perfectly in line with international spot. This, combined with zero-rated VAT on investment-grade bullion and highly competitive making charges at the Dubai Gold Souk, makes the UAE one of the cheapest places in the world to buy physical gold.

Understanding Gold Purity: 24K, 22K, 21K, 18K, 14K

• 24K (999 fineness) — 99.9% pure gold. The investment-grade standard for bars and coins; too soft for most jewelry.
• 22K (916 fineness) — 91.6% pure. The UAE's most popular jewelry purity — dominant at the Dubai Gold Souk for bridal sets and traditional designs.
• 21K (875 fineness) — 87.5% pure. A regional specialty for Arabic, Egyptian, and Lebanese jewelry.
• 18K (750 fineness) — 75% pure. The international standard for fine Western and designer jewelry — Cartier, Bvlgari, Van Cleef, Tiffany.
• 14K (585 fineness) — 58.5% pure. The most durable common purity; budget-friendly and ideal for engagement rings and everyday wear.

Making Charges & VAT

The rate shown on this page is the base gold value. When you buy jewelry, retailers add a making charge (مصنعية) on top — typically AED 10-80 per gram for machine-made pieces, and much higher for handmade or designer work.

UAE VAT at 5% applies only to the making charge, not the underlying gold. Investment-grade gold of 99% purity or higher (24K bars and coins) is entirely zero-rated for VAT, which is why Dubai is one of the world's most tax-efficient gold markets.

Why GoldTrack UAE Is Built Differently

Most gold-rate sites stop at a single per-gram number. GoldTrack goes further by connecting the live UAE rate to the real questions buyers ask next: what 1 tola costs today, whether Dubai still beats India after tax and duty, which purity matters for bridal buying, and how making charges change the final bill.

That is why the site is structured around buyer intent rather than just commodity pricing. The goal is not to look like every other quote page. It is to become the reference buyers trust when they are actually about to spend money.

The UAE Gold Tracker — The Only One That Understands AED & Souk Pricing

GoldTrack UAE is the only free UAE gold tracker built specifically for how gold is actually bought and sold in Dubai and across the Emirates. Sign in, save every chain, bangle, coin, and bar you own, and the Gold Tracker app reprices your holdings against the live Dubai Gold & Jewellery Group fix — the same reference rate every licensed retailer uses — every few minutes.

Unlike generic international portfolio apps, GoldTrack speaks the UAE gold market natively: holdings are tracked in AED per gram, not USD per troy ounce; purities cover 24K, 22K, 21K, 18K, and 14K (the full retail set at the Dubai Gold Souk); and every holding supports a separate making charge field so your cost basis reflects what you actually paid at the shop — not just the bullion value. Gain and loss are calculated per item and across the whole portfolio, in real time.

It is free, private to your account, and syncs across phone and desktop. If you are searching for a Dubai gold portfolio tracker, a UAE gold holdings app, or a reliable way to know what your family's gold jewelry is worth today in AED — that is exactly what GoldTrack was built to do. Open the Gold Tracker →