1 Troy Oz = 31.1034g · Live Rate
Gold Price Per Ounce in Dubai Today
May 18, 2026
24K/oz: AED 16986.50 · USD: $4625.42
Gold Price Per Troy Ounce — May 18, 2026
| Karat | Per Gram (AED) | Per Oz (AED) | Per Oz (USD) | Per Oz (EUR) | Per Oz (GBP) |
|---|---|---|---|---|---|
| 24K (999) | 546.13 | 16986.50 | 4625.42 | 4263.61 | 3635.11 |
| 22K (916) | 500.62 | 15570.98 | 4239.98 | 3908.32 | 3332.19 |
| 21K (875) | 477.86 | 14863.07 | 4047.21 | 3730.63 | 3180.70 |
| 18K (750) | 409.60 | 12739.95 | 3469.09 | 3197.73 | 2726.35 |
1 troy oz = 31.1034g · AED/USD fixed at 3.6725 · May 18, 2026
Gold Ounce vs Gram in Dubai
While international gold markets quote in USD per troy ounce, Dubai officially uses AED per gram as the retail standard. This makes Dubai easier for everyday buyers to calculate costs. However, traders, investors, and Western visitors often think in ounces — hence this page.
To convert: multiply Dubai's per-gram rate by 31.1034 to get the per-ounce equivalent. The table above does this automatically. For 24K gold bars (1 oz Maple Leaf, Britannia, etc.), see our Gold Bars & Coins page for actual retail prices including premiums.
FAQs — Gold Price Per Ounce Dubai
What is the gold price per ounce in Dubai today (May 18, 2026)?
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Today's gold price per troy ounce in Dubai is shown in the table above. Note that Dubai officially prices gold per gram — the ounce price is derived by multiplying the per-gram rate by 31.1034. International gold markets (COMEX, LBMA) quote in USD/troy oz, which is the base from which Dubai's AED/gram rates are calculated.
What is a troy ounce and how does it differ from a regular ounce?
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1 troy ounce = 31.1034 grams. A regular (avoirdupois) ounce = 28.35 grams. Gold is always measured in troy ounces internationally. The troy ounce is heavier than the standard ounce by about 9.7%. When a news headline says "gold is at $2,400 an ounce", they mean the troy ounce.
What is the gold spot price in AED per ounce?
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The spot price in AED per ounce = USD spot price × 3.6725 (AED/USD peg). For 22K gold specifically: AED spot/oz × (22/24) purity = 22K gold price per troy oz in AED. Use the table above for today's exact figures.
Is gold in Dubai cheaper per ounce than in Europe or USA?
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The base commodity price (gold spot) is the same globally. Where Dubai wins is: no import duty (Europe charges 0-20%), competitive retail markups (AED 5-15/gram vs $10-30+ in the West), and no sales tax on investment gold. For a 1-ounce gold coin, buyers from Europe or North America often save 5-15% buying in Dubai.
Last updated: · Source: DGJG