Gold Rate Today in Sharjah

Dubai Jewellery Group (DJG) recommends a suggested retail price for gold jewellery, converted from the international gold price into dirhams, and says this price is followed by the entire jewellery retail trade. It is announced as one unified price for the UAE market, so there is no separate “Sharjah rate” that is cheaper or dearer than Dubai’s. Visit Sharjah, the emirate’s official tourism site, describes the same principle at the Sharjah Gold Centre: gold is sold by weight, based on international gold rates.

The rate is quoted in dirhams per gram and moves during the day with the world price. We read it every 30 minutes from 07:00 to 23:00 Gulf Standard Time; yesterday’s and earlier rates are in the day-by-day table above, and the same figures appear on the UAE gold rate page.

One gram at today’s rate, gold value only, before the shop’s charge and VAT:

• 24K (999): AED 468.00
• 22K (916): AED 433.50
• 21K (875): AED 415.50
• 18K (750): AED 356.25

Multiply by the weight on the shop’s scale: 10 grams of 22K come to AED 4,335.00 today, and a sovereign-size piece of about 8 grams to AED 3,468.00. Each karat has its own page: the 22K gold rate, the 24K gold rate, the 21K gold rate and the 18K gold rate.

Central Souk (Blue Souk). Visit Sharjah describes a market of over 600 shops across two levels, between King Faisal Road and Khalid Lagoon, near Al Ittihad Square. The gold is on the lagoon side, where a row of shops sells Bedouin jewellery, precious stones, gold and diamonds, and some craftsmen can recreate a design from just a sketch. The building, with its blue tile-trimmed facade, appears on the five-dirham note.

Sharjah Gold Centre. Opened in 1996, it houses over 50 local and international jewellery brands, according to Visit Sharjah, with designs from countries such as India, Italy, Turkey and Malaysia and the option of having a piece custom-made. It stands on the corner of Al Wahda Street and Sheikh Saqr Bin Khalid Al Qasimi Street in the Al Yarmook area. Visit Sharjah says you can negotiate on the craftsmanship, and the more intricate the design, the more you can expect to pay.

Our directory lists five gold shops in Sharjah.

Visit Sharjah says the Central Souk is open till 10 PM daily. It does not publish an opening time, and its Sharjah Gold Centre page gives no hours at all. We do not fill that gap with a guess: if you are going for one particular shop, especially in the morning or on a public holiday, check its hours with the shop first.

1. Gold value: weight times today’s rate for the karat.
2. Craftsmanship charge: set by the shop; Visit Sharjah says it is open to negotiation. No official percentage or per-gram figure is published.
3. VAT: 5% on jewellery.

Ask for the three parts separately and in writing, check the karat stamp, and rebuild the total in the gold price calculator. Tourists can reclaim the VAT under the UAE scheme (minimum AED 250, age 18 or over, validated at the exit within 90 days); the Dubai Gold Souk guide has a fuller checklist for buying gold.

The rate above is a price for buying jewellery, not a quote for selling it. Before you sell, ask each buyer to tell you in writing the weight it measured, the karat it found, the rate per gram it pays and any deduction, then compare two or three offers. Keep your original invoice if you have it. Shops that buy gold are listed under places that buy gold, with a guide to selling; for listed shops close to you, use gold shops near me.