Gold Rate in the UAE in 2001
In 2001, 24K gold in the UAE ended the year at د.إ33 per gram, up 0.7% from د.إ32 at the end of 2000. The international price closed 2001 at $276.50 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 2001 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ33 | د.إ381 | د.إ326 |
| 22K | د.إ30 | د.إ349 | د.إ299 |
| 21K | د.إ29 | د.إ333 | د.إ286 |
| 18K | د.إ24 | د.إ286 | د.إ245 |
Year-end 2001 international price ($276.50/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 2001
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $264.50 | د.إ31 | د.إ29 | -3.6% |
| February | $266.70 | د.إ31 | د.إ29 | -0.4% |
| March | $257.70 | د.إ30 | د.إ28 | -3.3% |
| April | $263.20 | د.إ31 | د.إ28 | +1.0% |
| May | $267.50 | د.إ32 | د.إ29 | -1.8% |
| June | $270.60 | د.إ32 | د.إ29 | +0.1% |
| July | $265.90 | د.إ31 | د.إ29 | -0.6% |
| August | $273.00 | د.إ32 | د.إ30 | +0.2% |
| September | $292.70 | د.إ35 | د.إ32 | +3.3% |
| October | $278.80 | د.إ33 | د.إ30 | -4.1% |
| November | $275.50 | د.إ33 | د.إ30 | -1.8% |
| December | $276.50 | د.إ33 | د.إ30 | +0.2% |
Monthly closes are the international USD price; the AED columns convert them at the 2001 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2001 vs today
Today 24K gold in the UAE is about د.إ477 per gram, roughly 14.6× the 2001 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 2001?
At the end of 2001, 24K gold in the UAE was د.إ33 per gram and 22K was د.إ30 per gram. This is the international year-end price of $276.50 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 2001?
Gold rose 0.7% in AED terms during 2001, from د.إ32 to د.إ33 per gram, while the dollar price moved 0.7%. The difference between the two is the AED exchange rate.
What is the 2001 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ477 per gram, roughly 14.6 times the 2001 year-end price of د.إ33.