Gold Rate in the UAE in 1990
In 1990, 24K gold in the UAE ended the year at د.إ46 per gram. The international price closed 1990 at $386.20 per troy ounce, and the year-end exchange rate was 3.67 AED per US dollar. Dubai quotes gold per gram in 24K, 22K, 21K and 18K, and the dirham has been pegged to the US dollar at 3.6725 since 1997, so the AED gold rate tracks the international price almost exactly.
Gold Rate in the UAE 1990 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ46 | د.إ532 | د.إ456 |
| 22K | د.إ42 | د.إ487 | د.إ418 |
| 21K | د.إ40 | د.إ465 | د.إ399 |
| 18K | د.إ34 | د.إ399 | د.إ342 |
Year-end 1990 international price ($386.20/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 1990
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $415.10 | د.إ49 | د.إ45 | +1.2% |
| February | $407.70 | د.إ48 | د.إ44 | -2.2% |
| March | $368.50 | د.إ43 | د.إ40 | -9.3% |
| April | $367.80 | د.إ43 | د.إ40 | -1.7% |
| May | $363.10 | د.إ43 | د.إ39 | -1.7% |
| June | $352.20 | د.إ42 | د.إ38 | -3.1% |
| July | $372.30 | د.إ44 | د.إ40 | +2.7% |
| August | $387.80 | د.إ46 | د.إ42 | -1.8% |
| September | $404.00 | د.إ48 | د.إ44 | +3.8% |
| October | $379.50 | د.إ45 | د.إ41 | -4.2% |
| November | $384.90 | د.إ45 | د.إ42 | +0.8% |
| December | $386.20 | د.إ46 | د.إ42 | +2.5% |
Monthly closes are the international USD price; the AED columns convert them at the 1990 year-end exchange rate, so intra-year currency moves are not reflected month by month.
1990 vs today
Today 24K gold in the UAE is about د.إ475 per gram, roughly 10.4× the 1990 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 1990?
At the end of 1990, 24K gold in the UAE was د.إ46 per gram and 22K was د.إ42 per gram. This is the international year-end price of $386.20 per troy ounce converted at the year-end rate of 3.67 AED per US dollar.
How much did gold change in the UAE during 1990?
Year-end 24K gold in the UAE was د.إ46 per gram in 1990.
What is the 1990 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ475 per gram, roughly 10.4 times the 1990 year-end price of د.إ46.