24K Gold Rate Today in Dubai

Dubai Jewellery Group (DJG) defines 24 karat gold as 24 parts pure gold, with no alloy metal added. In practice the stamp shows how close to pure the metal is: 999 means 99.9% gold, and 999.9 means 99.99% gold. Both are 24K; the extra 9 is one more decimal place of purity. Check which of the two is stamped and written on the invoice, so you know exactly which purity you paid for.

DJG’s jewellery guide adds a detail that helps when you compare pieces: 24 karat gold has the natural warm colour of pure gold, and that colour cannot be changed without bringing the purity below 24K. White, rose or green gold is therefore never 24K.

Pure gold is very soft. DJG notes that it is so malleable that one ounce can be beaten into a sheet covering about 16 square metres. Softness matters less for a bar kept in a box than for a ring worn every day, and DJG’s description of the lower karats shows the other approach: 22K, 21K and 18K mix gold with other metals.

24K jewellery does exist: Visit Abu Dhabi lists 24 karats among the purities sold in the capital, next to 18, 21 and 22, and notes that gold ingots in varying sizes can also be bought, for investment or to be made into your own design. If you want the gold weight more than the design, compare the gold bar price in Dubai with the cost of a 24K piece of jewellery of the same weight.

• 1 gram: AED 468.00
• 10 grams: AED 4,680.00
• 1 tola (11.6638 g): AED 5,458.66; more weights on the tola price page
• 1 troy ounce (31.1035 g): AED 14,556.44
• 100 grams: AED 46,800.00

Read these as reference values. The DJG figure is, in its own words, a suggested retail gold jewellery price, built on the international gold price converted into dirhams (DJG rate page). Bar and coin sellers quote their own prices per item, and those can differ from the jewellery rate, so ask for the full price of the exact bar or coin before you pay.

Article 36 of the Executive Regulation of the UAE VAT Law zero-rates the supply of investment precious metals: gold, silver and platinum of 99% purity or more, in a form tradeable in global bullion markets (Federal Tax Authority, PDF). Both conditions apply together.

On the wording of Article 36, a 24K necklace passes the purity test but not the form test, so the invoice should show the standard 5% VAT on the gold value and the making charge. If a seller treats a piece differently, ask which rule they apply and get it on the invoice. The gold price calculator has a VAT switch, so you can price the same 24K weight both ways.

Today 1 gram of 24K costs AED 468.00 and 1 gram of 22K costs AED 433.50. For that difference you get 99.9% gold instead of 91.6%, the deeper colour of pure gold and, for bars and coins, the VAT zero rate. 22K gives a piece that contains alloy metal and is charged 5% VAT as jewellery. The 22K gold rate page covers that side in detail, and the UAE gold rate overview compares all karats.

• Check the purity stamp (999 or 999.9) and the weight printed on the bar or coin, and ask for an invoice that repeats both.
• Ask about buy-back. DJG lists exchange, return and buy-back programmes among the guarantees that differ between retailers and affect the price.
• Bring an Emirates ID or passport. DJG explains that the trade works under anti-money-laundering rules and that sellers may ask for a copy.
• Compare sellers in the gold bar and coin sellers directory; when you later sell, the gold buyers list shows who buys.