Pure Metal Rate in AED
Please note: All data is supplied by a 3rd party source. iGold do not control the data displayed above and we are not responsible for any inaccuracies.
|213.34 AED||195.57 AED||186.68 AED||160.01 AED|
|Prices updated: 18/08/2022 08:24:02|
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The Live Retail Gold Rate in Dubai is prominently displayed in gold trading locations such as the Gold Souk, Deira. This is not the global Spot rate but a maximum rate that jewellers and dealers are allowed to charge on the gold content of retail sales and has a small margin built into it to offset bullion delivery and customs charges. The purchase price of gold jewellery in Dubai is therefore a combination of the current Dubai retail gold rate plus a making charge. The price of the gold is set but the making charge can be negotiated.
The International Gold Rate or Spot rate that we display is the current gold rate reported from real transactions taking place globally. Gold is a commonly traded metal and the price will fluctuate as rates are negotiated and agreed internationally. The gold bullion market also has access to the LBMA Gold Fix, a benchmark rate set twice every trading day in London and used as guidance for global trades.
The Carat or Karat of Gold is a mark of the purity of the metal.