Gold Rate in the UAE in 1995
In 1995, 24K gold in the UAE ended the year at د.إ46 per gram, up 1.0% from د.إ45 at the end of 1994. The international price closed 1995 at $387.00 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 1995 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ46 | د.إ533 | د.إ457 |
| 22K | د.إ42 | د.إ488 | د.إ419 |
| 21K | د.إ40 | د.إ466 | د.إ400 |
| 18K | د.إ34 | د.إ400 | د.إ343 |
Year-end 1995 international price ($387.00/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 1995
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $374.90 | د.إ44 | د.إ41 | -2.7% |
| February | $376.40 | د.إ44 | د.إ41 | -0.1% |
| March | $392.00 | د.إ46 | د.إ42 | +2.6% |
| April | $389.90 | د.إ46 | د.إ42 | -0.3% |
| May | $384.30 | د.إ45 | د.إ42 | -0.7% |
| June | $387.10 | د.إ46 | د.إ42 | -0.1% |
| July | $383.40 | د.إ45 | د.إ41 | -0.7% |
| August | $382.40 | د.إ45 | د.إ41 | -0.3% |
| September | $384.00 | د.إ45 | د.إ42 | +0.2% |
| October | $382.70 | د.إ45 | د.إ41 | -0.1% |
| November | $387.80 | د.إ46 | د.إ42 | +0.6% |
| December | $387.00 | د.إ46 | د.إ42 | -0.1% |
Monthly closes are the international USD price; the AED columns convert them at the 1995 year-end exchange rate, so intra-year currency moves are not reflected month by month.
1995 vs today
Today 24K gold in the UAE is about د.إ473 per gram, roughly 10.4× the 1995 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 1995?
At the end of 1995, 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 $387.00 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 1995?
Gold rose 1.0% in AED terms during 1995, from د.إ45 to د.إ46 per gram, while the dollar price moved 1.0%. The difference between the two is the AED exchange rate.
What is the 1995 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ473 per gram, roughly 10.4 times the 1995 year-end price of د.إ46.