A Complete Guide to Buying Gold in the City of Gold
Known as the “City of Gold,” Dubai is a major international center for jewelry buying and gold selling. Dubai draws millions of tourists and investors each year because of its affordable prices, tax-free shopping, and fine craftsmanship. Knowing Dubai’s gold prices is essential whether you want to purchase gold for personal consumption or as an investment. This post will discuss the most recent gold prices, the benefits of buying gold in Dubai, and how to get the most out of your purchase.
Today’s Gold Rates in Dubai (March 1, 2025)
Here are the latest gold rates in Dubai for 24K, 22K, and 18K gold:
Gold Price in Dubai (AED)
| Gold Purity | Today’s Rate (AED) | Yesterday’s Rate (AED) | Change |
|---|---|---|---|
| 24K Gold | د.إ343.25 per gram | د.إ343.25 per gram | 0 |
| 22K Gold | د.إ319.50 per gram | د.إ319.50 per gram | 0 |
| 18K Gold | د.إ262.50 per gram | د.إ262.50 per gram | 0 |
Gold Price in Dubai (INR)
| Gold Purity | Today’s Rate (INR) | Yesterday’s Rate (INR) | Change |
|---|---|---|---|
| 24K Gold | ₹8,175 per gram | ₹8,175 per gram | 0 |
| 22K Gold | ₹7,610 per gram | ₹7,610 per gram | 0 |
| 18K Gold | ₹6,252 per gram | ₹6,252 per gram | 0 |
Gold Rates in Dubai for Last 10 Days (1 Gram)
| Date | 22K Gold (AED) | 24K Gold (AED) |
|---|---|---|
| Mar 1, 2025 | د.إ319.50 | د.إ343.25 |
| Feb 28, 2025 | د.إ319.50 (-4.25) | د.إ343.25 (-4.75) |
| Feb 27, 2025 | د.إ323.75 (-2) | د.إ348.00 (-2) |
| Feb 26, 2025 | د.إ325.75 (-0.25) | د.إ350.00 (-0.25) |
| Feb 25, 2025 | د.إ326.00 (-5.25) | د.إ350.25 (-5.75) |
| Feb 24, 2025 | د.إ331.25 (+2) | د.إ356.00 (+2.25) |
| Feb 23, 2025 | د.إ329.25 | د.إ353.75 |
| Feb 22, 2025 | د.إ329.25 (+0.75) | د.إ353.75 (+0.75) |
| Feb 21, 2025 | د.إ328.50 (-0.50) | د.إ353.00 (-0.50) |
| Feb 20, 2025 | د.إ329.00 (-0.25) | د.إ353.50 (-0.50) |
Why is Dubai Called the City of Gold?
Dubai has earned its reputation as the City of Gold for several reasons:
- Tax-Free Shopping: Dubai offers tax-free gold purchases, making it one of the most affordable places to buy gold globally.
- High-Quality Craftsmanship: The gold jewelry in Dubai is known for its intricate designs and superior quality.
- Transparent Pricing: The Dubai Gold and Jewellery Group (DGJG) ensures fair pricing and quality standards.
- Wide Variety: From traditional to modern designs, Dubai’s gold souks and malls offer something for everyone.
Tips for Buying Gold in Dubai
- Compare Prices: Visit multiple gold souks and retailers to compare prices and making charges.
- Check Hallmarks: Always verify the purity of gold by checking for official hallmarks.
- Negotiate Making Charges: While gold prices are fixed, making charges can often be negotiated.
- Stay Updated: Keep an eye on international gold trends to time your purchase effectively.
Popular Places to Buy Gold in Dubai
- Deira Gold Souk: One of the oldest and most famous gold markets in Dubai.
- Gold and Diamond Park: A modern shopping destination with a variety of high-end jewelry stores.
- Dubai Mall and Mall of the Emirates: These malls house luxury gold retailers and international brands.
Conclusion
Dubai continues to lead the world’s gold market by providing consumers with a special blend of value, variety, and quality. Keeping up with Dubai’s gold prices and market trends will help you get the most out of your gold purchase, whether you’re buying it for personal use or as an investment. To guarantee a safe and fulfilling transaction, never forget to purchase from reliable vendors and confirm the legitimacy of your gold.
