The current 24K gold price in the UAE is updated twice daily — 8 AM and 5 PM UAE time on this page. Dubai gold prices track the international spot price at the fixed USD/AED rate of 3.6725. Retail prices in Dubai Gold Souk are typically AED 3–5 per gram above the spot rate shown here.
24K gold is pure gold (99.9% purity), used for investment bars and coins. 22K (91.7% pure) is most common for UAE jewellery. 21K (87.5% pure) is popular across Gulf countries and South Asian markets. 18K (75% pure) is widely used in diamond-set jewellery. Higher karat means more pure gold per gram.
Dubai has no VAT on investment-grade gold (24K bars and coins) and very low import duties. Hundreds of Gold Souk retailers keep prices close to the international spot rate — among the lowest retail premiums globally.
Male passengers can bring up to 20 grams (max INR 50,000) duty-free. Female passengers up to 40 grams (max INR 100,000). Above these limits, customs duty of 15% plus IGST applies. Always declare gold at Indian customs on arrival.
Gold is popular in the UAE due to zero VAT on investment-grade gold bars and coins, no capital gains tax, and a strong resale market. Options include physical gold from the Gold Souk, gold ETFs on the Dubai Financial Market (DFM), or gold savings accounts at UAE banks like Emirates NBD.
The Dubai Gold Souk in Deira offers the widest selection and most competitive prices. Other options include the Gold and Diamond Park in Al Quoz, major malls like Dubai Mall and Mall of the Emirates, and bullion dealers for investment-grade gold bars and coins.
About Dubai Gold Prices
The UAE — and Dubai in particular — is one of the world's most important gold trading hubs. The Dubai Multi Commodities Centre (DMCC) and the Dubai Gold & Commodities Exchange (DGCX) handle billions of dollars in gold trade annually.
The prices shown are the official Dubai retail rates published by the Dubai Gold & Jewellery Group (DGJG) — the same rates on electronic boards in every Gold Souk shop. Rates are issued three times daily (9 AM, 1:30 PM, 6 PM UAE time) and denominated in AED (pegged to USD at 3.6725).
Retail gold in Dubai's Gold Souk typically carries a premium of AED 3–5 per gram above the international spot price — among the lowest retail premiums globally. The UAE levies no VAT on investment-grade gold bars and coins (24K), though jewellery attracts 5% VAT.