Platinum price in Dubai today
Today's platinum rate in the UAE in dirhams, for pure platinum (bars and coins) and 950 platinum, the standard for jewellery. It's the international platinum price converted at the fixed AED/USD rate, so it's the same across Dubai, Abu Dhabi and Sharjah; shops add a premium and making charges on top.
Pure platinum, AED per gram
199.96
▼ -0.00 vs previous day
Per kilogram
AED 199,955
Per troy ounce
AED 6,219.31
Spot price, updated daily. Bars, coins and jewellery cost more: ask the shop for its premium or making charge.
Platinum price by weight
| Weight | Pure platinum | 950 platinum |
|---|---|---|
| 1 gram | AED 199.96 | AED 189.96 |
| 5 grams | AED 999.78 | AED 949.79 |
| 10 grams | AED 1,999.55 | AED 1,899.58 |
| 1 tola (11.66 g) | AED 2,332.28 | AED 2,215.67 |
| 1 troy ounce | AED 6,219.31 | AED 5,908.35 |
| 100 grams | AED 19,995.54 | AED 18,995.77 |
Platinum rate in the UAE: last 14 days
| Date | AED per gram (pure) |
|---|---|
| Sun 11 Oct | 199.96▼ |
| Sat 10 Oct | 199.96▲ |
| Fri 9 Oct | 198.89▲ |
| Thu 8 Oct | 196.31▼ |
| Wed 7 Oct | 199.60▼ |
| Tue 6 Oct | 202.02▲ |
| Mon 5 Oct | 201.81▲ |
| Sun 4 Oct | 200.78▼ |
| Sat 3 Oct | 200.78▼ |
| Fri 2 Oct | 205.58▲ |
| Thu 1 Oct | 203.91▲ |
| Wed 30 Sept | 201.70▲ |
| Tue 29 Sept | 200.29▼ |
| Mon 28 Sept | 205.05▼ |
| Sun 27 Sept | 210.40 |
How the platinum price in Dubai works
Platinum trades internationally in US dollars per troy ounce (31.1 grams). Because the UAE dirham is pegged to the dollar at 3.6725, the dirham price simply follows the international price, which moves through the day.
Platinum jewellery in Dubai is usually 950 platinum, 95% pure and stamped "Pt950" or "PLAT". Shops price it at the metal value plus a making charge, which is often higher than for gold because platinum is harder to work. Bars and coins are sold at the spot rate plus a dealer premium.
Platinum is denser than gold, so a platinum ring weighs more than the same ring in gold. Compare the price per gram and the making charge, not just the total.
Frequently asked questions
The rate at the top of this page is today's spot price of pure platinum in AED per gram, with per-kilo and per-ounce figures and 950 platinum below. It's the international platinum price converted at the fixed dirham rate, updated daily.
Per gram, platinum has cost less than 24K gold for most of the last decade; compare today's rate on this page with the gold rate on our home page. A platinum ring can still cost more than a gold one, because it's heavier for the same size and making charges are higher.
Pt950 means the piece is 95% platinum, the usual standard for platinum jewellery. Its metal value is 95% of the pure platinum price. You may also see Pt900 (90%) on some pieces.
Investment platinum, meaning bars and coins of 99% purity or higher, is zero-rated for VAT in the UAE. Platinum jewellery is charged the standard 5% VAT.
Platinum jewellery, especially wedding bands, is sold by many jewellers in the Deira Gold Souk, Gold & Diamond Park and the malls. Platinum bars and coins are less common than gold: ask bullion dealers whether they stock them, and get the price per gram and the premium separately.