The allure of gold remains strong globally, and Dubai, a major gold trading hub, is no exception. As of September 7, 2024, the price of 24-karat gold in Dubai is approximately AED 220 per gram. This rate is influenced by a confluence of factors, including international gold prices, currency fluctuations, local demand, and supply dynamics.
Chart: Gold Rate In Dubai Today 7 September 2024
| Gold Purity | Per Gram (AED) |
|---|---|
| 24K | 220 (approx.) |
| 22K | 202 (approx.) |
| 21K | 193 (approx.) |
| 18K | 165 (approx.) |
Disclaimer:
Gold prices are subject to change throughout the day. The rates provided here are approximations as of September 7, 2024, and may vary depending on the jeweler and location within Dubai. For the most current and accurate rates, it is advisable to consult a reliable financial institution or a reputable gold dealer in Dubai.
Thoughts on Gold Rates in Dubai
Dubai’s gold market is known for its competitive pricing and wide variety of gold products. The city’s strategic location and tax-free environment make it a popular destination for gold buyers from around the world. While gold prices can fluctuate, Dubai generally offers attractive rates, making it a favorable market for both investors and consumers.
Gold Rates in Other Countries (Per Ounce)
| Country | 24K Gold Rate (approx.) |
|---|---|
| USA | $1,950 |
| UK | £1,520 |
| Pakistan | PKR 267,500 per tola |
| India | INR 58,000 |
| China | CNY 45,000 |
| Canada | CAD 2,600 |
| Australia | AUD 2,900 |
| Switzerland | CHF 1,750 |
| Japan | JPY 270,000 |
| Germany | EUR 1,800 |
Conclusion
Gold continues to be a sought-after asset worldwide, and Dubai’s gold market offers competitive prices and a wide selection for buyers. Understanding gold rates in Dubai and other major markets can help investors and consumers make informed decisions. Whether you’re looking to invest in gold or purchase jewelry, staying informed about market trends is crucial.
