United Arab Emirates · AED · Tuesday, August 27, 2002
Gold Price in United Arab Emirates — August 27, 2002
On August 27, 2002, the international gold spot price was $310.50 per troy ounce. Local AED conversion for United Arab Emirates requires a verified same-day exchange rate, which isn't currently available for this date — try a nearby trading day using the navigation below.
AED exchange-rate data is unavailable for this date. The international XAU/USD price is shown below; local-currency conversions for United Arab Emiratescan't be computed accurately for August 27, 2002 without a verified AED/USD rate.
AED / Troy Ounce
—
31.1035 g
AED / Gram
—
1 g
AED / Tola
—
11.664 g
All unit prices on August 27, 2002 — United Arab Emirates
| Unit | Weight | AED price |
|---|---|---|
| Troy ounce | 31.1035 g | — |
| Gram | 1.0000 g | — |
| 10 grams | 10 g | — |
| Kilogram | 1,000 g | — |
| Tola | 11.664 g | — |
Price action on August 27, 2002
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 2002
Calendar position
Day 239 of 365
Trading day
205th of 313
Position in 2002's range
45% (low $277.80 → high $351.00)
The United Arab Emirates gold market
Dubai is one of the world's most trusted retail gold hubs, with Deira Gold Souk and the Dubai Gold & Commodities Exchange driving liquidity. Prices are quoted per gram across 24K, 22K, 21K and 18K purities. UAE applies a 5% VAT on gold jewellery (with exemptions for investment-grade bullion ≥99.5% purity), so investment bars trade closer to spot than jewellery does. The Dubai Gold Rate is widely tracked across the GCC.
Standard quote unit
gram
Common purity
24K
Currency
AED (د.إ)
August 27 in other years — United Arab Emirates
August 27, 2002 gold price in other countries
How this August 27, 2002 United Arab Emirates price is calculated
International benchmark. The XAU/USD spot price for August 27, 2002 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $310.50/oz.
Currency conversion. The AED/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (—) to the USD price — not a year-average or month-end approximation. This makes the د.إ figure on this page accurate to the trading session.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417). We never compound rounding errors by going through intermediate units.
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in United Arab Emirates, add the country-specific levies described in the “United Arab Emirates gold market” section above. The retail rate at a jeweller in United Arab Emirates on August 27, 2002 would have been a few percent above this number once those costs are included.
FAQ — United Arab Emirates gold price on August 27, 2002
What was the gold price in United Arab Emirates on August 27, 2002?
United Arab Emirates historical archive for August 27, 2002 — exact prices may be unavailable if the date fell on a market holiday.
What was the 24K gold rate per tola in United Arab Emirates on August 27, 2002?
Tola-based 24K gold rate computation requires both the day's XAU/USD spot and AED/USD FX, one of which is missing for this date.
What was the 24K gold rate in United Arab Emirates on August 27, 2002?
Retail karat rate for this date is unavailable.
How accurate is this number versus what jewellers were quoting?
The د.إ figure on this page is the verified international XAU/USD spot price for August 27, 2002 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in United Arab Emirates typically sit a few percent above this number.
Was August 27, 2002 a trading day?
Yes — August 27, 2002 was the 205th trading session of 313 for 2002 on the international gold market. Tuesdays are typically active trading days unless they fall on a major holiday.
Want today's rate in United Arab Emirates? See live gold prices in United Arab Emirates with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.
Different unit on this same date? The USD-only daily archive for August 27, 2002 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.
Browse the archive. Step through every day of August 2002 in United Arab Emirates, see the full 2002 archive, or use our tola, gram and karat calculators for live calculations against today's rate.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to AED at the same day's exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in United Arab Emirates before transacting.