Gold Rate in the UAE in 2006
In 2006, 24K gold in the UAE ended the year at د.إ75 per gram, up 23.2% from د.إ61 at the end of 2005. The international price closed 2006 at $632.00 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 2006 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ75 | د.إ870 | د.إ746 |
| 22K | د.إ68 | د.إ798 | د.إ684 |
| 21K | د.إ65 | د.إ762 | د.إ653 |
| 18K | د.إ56 | د.إ653 | د.إ560 |
Year-end 2006 international price ($632.00/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 2006
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $568.80 | د.إ67 | د.إ62 | -6.1% |
| February | $556.00 | د.إ66 | د.إ60 | -2.2% |
| March | $582.00 | د.إ69 | د.إ63 | +3.1% |
| April | $661.80 | د.إ78 | د.إ72 | +8.4% |
| May | $653.00 | د.إ77 | د.إ71 | -3.3% |
| June | $613.50 | د.إ72 | د.إ66 | -1.8% |
| July | $632.50 | د.إ75 | د.إ68 | -0.2% |
| August | $623.50 | د.إ74 | د.إ67 | -2.2% |
| September | $599.30 | د.إ71 | د.إ65 | -3.5% |
| October | $603.80 | د.إ71 | د.إ65 | +3.1% |
| November | $646.70 | د.إ76 | د.إ70 | +3.0% |
| December | $632.00 | د.إ75 | د.إ68 | -2.6% |
Monthly closes are the international USD price; the AED columns convert them at the 2006 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2006 vs today
Today 24K gold in the UAE is about د.إ474 per gram, roughly 6.4× the 2006 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 2006?
At the end of 2006, 24K gold in the UAE was د.إ75 per gram and 22K was د.إ68 per gram. This is the international year-end price of $632.00 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 2006?
Gold rose 23.2% in AED terms during 2006, from د.إ61 to د.إ75 per gram, while the dollar price moved 23.2%. The difference between the two is the AED exchange rate.
What is the 2006 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ474 per gram, roughly 6.4 times the 2006 year-end price of د.إ75.