About Gold Prices in the UAE
Gold prices in the UAE are set daily based on the international spot price plus a local retail premium. Dubai is one of the world's largest gold trading hubs, with the Dubai Gold and Jewellery Group publishing official retail rates that shops in the Gold Souk and malls follow.
The 24 karat price represents pure gold (99.9% purity). Lower karats contain alloy metals: 22K is 91.67% gold, 21K is 87.5%, and 18K is 75%. Kanz converts between karats using the standard formula: pure grams = weight x (karat / 24). All prices shown are in AED (United Arab Emirates Dirham) per gram.