Tuesday, August 27, 2013

Current Gold Rate in Dubai


The gold rate in Dubai is divided into the “Dubai Retail Gold Price” and “Gold Price for Derivatives” for instance, options and futures. The gold rate for derivatives is set by the Gold & Commodities Exchange center of Dubai. The prices for gold in Dubai are set on daily basis in the morning and also in the evening by the gold retail dealers in Dubai. Usually the rates are set in four different purity levels - Gold Bars of 18 Carat, 22 Carat and 24 Carat Gold. Keep in mind that 18 Carat Gold is rarely used in Dubai. Frequently used gold rate in Dubai, UAE is the rate for 21 Carat up to 24 Carat.
The table below shows the latest gold price in Dubai live in the currency United Arab Emirates dirham (AED) and United States dollar US$. These rates are updated every 30 minutes and sometimes updated more often in strong gold price fluctuations times which is truly based on the live spot gold price also called the bid price.

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