Gold price today in the UAE (United Arab Emirates) increased again today, especially the price of 24-karat pure gold, which traded at AED 500.54 per gram. Along with the increasing interest of global investors in safe haven assets, this increase marks gold’s position at one of its highest points in recent months. This article will discuss in detail the price of gold per gram, the factors that drive gold prices, and their impact on buyers and investors.
Gold Price Today in the UAE Based on Karat (Purity Level)
Based on the latest data collected by the Price in UK editorial team, here are the details of today’s gold prices in the UAE for each level of gold purity:
• 1 Gram of 24K Gold – AED 500.54 (= $136.28)
This is today’s highest price, reflecting high demand and a purity level of 99.9%.
• 1 Gram of 23K Gold – AED 479.68 (= $130.60)
A high karat commonly used in premium jewelry.
• 1 Gram of 22K Gold – AED 458.83 (= $124.92)
Often chosen for traditional jewelry in the UAE because it is stronger than 24K gold.
• 1 Gram 21K Gold – AED 437.97 (= $119.25)
• 1 Gram 18K Gold – AED 375.40 (= $102.21)
Popular for modern jewelry with intricate designs.
• 1 Gram 16K Gold – AED 333.69 (= $90.85)
• 1 Gram 14K Gold – AED 291.98 (= $79.50)
• 1 Gram of 10K Gold – AED 208.56 (= $56.78)
• 1 Gram of 9K Gold – AED 187.70 (= $51.11)
This data shows a significant price difference between karats, according to the purity level of gold in each category.
Why is 24K Gold the Most Expensive?
With a purity level of 99.9%, 24K gold has the highest economic value. Gold price today in the UAE for 24 karat gold is very high, especially in Dubai, because this gold has a more stable investment value, easy to sell, global standard for pure gold and there are many options for investors and expatriates. With prices reaching AED 500.54, this category confirms its position as a strong hedge against global economic volatility.
Current Gold Price Movement Factors
Gold price today in the UAE has risen due to increased international demand, where rising inflation, economic uncertainty, and stock market fluctuations have led investors to reconsider gold as a primary option. In addition, the price of gold in the United Arab Emirates is directly influenced by the weakening or strengthening of the US dollar, as international gold prices are set in US dollars.
Gold price today in the UAE are also a result of geopolitical conflicts and economic instability, with people turning to gold as a safe asset.
How Does This Affect Buyers in the United Arab Emirates?
So, Gold price today in the UAE affect buyers? Yes, of course. Jewelry buyers in the United Arab Emirates, known as the world’s gold trading center, must consider the following factors as prices continue to rise:
1. With gold price today in the UAE, buyers may have to pay more than they did last month.
2. Many buyers are switching from 24K to 22K or 21K due to the price difference.
3. Long-term investors tend to enjoy the increase in value.
4. Tourists who want to buy gold in Dubai may experience higher costs than usual.
Even so, the UAE remains one of the best places to buy gold because of its transparent prices and lower taxes compared to other countries.
Gold price today in the UAE show an upward trend, with 24K gold prices breaking through AED 500.54 per gram, a fairly high price level in recent months. This price increase is due to market sensitivity to international economic conditions and increased hedging needs of global investors. To make purchasing decisions, both buyers and investors in the United Arab Emirates must pay attention to daily price movements.
