Dubai Market
Live Precious Metal Prices
Track Gold, Silver, and Platinum prices in AED and USD. Updated regularly from global markets.
In short
Gold, silver and platinum prices in Dubai are quoted per troy ounce (31.1g) and shown here in both AED and USD, based on international spot prices converted at the current exchange rate. Dubai is a global gold-trading hub - the Deira Gold Souk alone has 300+ retailers - so retail prices are competitive, varying mainly by purity (karat), weight and dealer making charge.
Gold
XAU / Troy Ounce
Source: gold-api.com
Silver
XAG / Troy Ounce
Source: gold-api.com
Platinum
XPT / Troy Ounce
Source: gold-api.com
About Precious Metals in Dubai
Dubai is one of the world's largest trading hubs for gold and precious metals. The Dubai Gold Souk in Deira is famous for offering some of the most competitive prices globally, with over 300 retailers and wholesalers.
Prices shown are per troy ounce (31.1g) based on international spot prices, converted to AED at the current exchange rate. Actual retail prices may vary depending on purity, craftsmanship, and dealer margins.
Gold & precious metals in Dubai - FAQ
How are gold prices set in Dubai?
Dubai gold prices follow the international spot price per troy ounce, converted to AED at the live exchange rate. Retailers then add a making charge that varies by design, purity and dealer.
What is a troy ounce?
A troy ounce is the standard unit for precious metals, equal to about 31.1 grams - slightly heavier than a standard ounce (28.35g).
What gold karats are sold in Dubai?
The most common purities are 24K (99.9% gold), 22K, 21K and 18K. A higher karat means more pure gold and a higher price per gram.
Where can I buy gold in Dubai?
The Deira Gold Souk is the best-known market, with over 300 retailers and wholesalers. Gold and jewelry are also sold through malls and verified dealer boutiques across the city.
Is gold cheaper in Dubai?
Dubai is often competitive because investment gold carries no import duty in the UAE and making charges can be low. Final retail prices still depend on purity, weight and dealer margin.
Looking for jewelry or diamonds?
Browse listings from verified dealers in Dubai.