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Gold Price per Ounce in UAE Today
International gold price per troy ounce in US dollars and dirhams.
| Karat | Dubai retail (est.) | Spot value | Change |
|---|---|---|---|
| 24K24 Karat99.9% pure | 15,637 | 15,285 | +15.55 (+0.10%) |
| 22K22 Karat91.6% pure | 14,479 | 14,015 | +15.55 (+0.11%) |
| 21K21 Karat87.5% pure | 13,880 | 13,388 | +15.55 (+0.11%) |
| 18K18 Karat75% pure | 11,897 | 11,475 | +7.78 (+0.07%) |
Troy ounce vs gram
Gold is traded internationally in US dollars per troy ounce, which is 31.1035 grams, heavier than a regular ounce (28.35 g). Because the UAE dirham is pegged at 3.6725 to the US dollar, the dirham price of gold moves almost exactly with the dollar price.
To convert: price per gram in AED = USD price per ounce × 3.6725 ÷ 31.1035.
Spot price vs Dubai retail price
The ounce price is the international benchmark. It is the price of gold traded between banks and dealers, before any retail margin, making charge or VAT. Dubai jewellers instead use a per-gram retail rate, which today is +2.3% above spot for 24K. Use the ounce price to follow the market and the per-gram rate to compare shop prices.
Converting the ounce price yourself
- AED per ounce = USD per ounce × 3.6725
- AED per gram (24K) = AED per ounce ÷ 31.1035 × 0.999
- AED per gram (22K) = AED per gram of pure gold × 0.916
At today’s price of USD 4,166.10 per ounce, pure gold works out to about AED 491.41 per gram for 24K.
Why the ounce matters for UAE buyers
Gold bar dealers and banks in the UAE often quote in ounces, and 1 oz bars and coins are a common investment size. Market news is also reported in dollars per ounce, so knowing the ounce price helps you understand why the Dubai rate moved today.
When the price changes
The international market trades nearly around the clock from Monday to Friday. Prices can move sharply on US economic data, interest-rate decisions and major world events. At weekends the market is closed and the last price stays in place.
Gold ounce questions
How many grams are in a troy ounce of gold?
What is the gold price per ounce in AED today?
Why does the ounce price change at night?
Is a 1 oz gold coin a good size?
Do UAE banks sell gold by the ounce?
Prices are for information only and may differ from in-store prices. Not investment advice. Dhahab Today is independent and not affiliated with the Dubai Gold & Jewellery Group or any jeweller.