Gold Rate in the UAE in 2009
In 2009, 24K gold in the UAE ended the year at د.إ128 per gram, up 25.0% from د.إ103 at the end of 2008. The international price closed 2009 at $1,087.50 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 2009 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ128 | د.إ1,498 | د.إ1,284 |
| 22K | د.إ118 | د.إ1,373 | د.إ1,177 |
| 21K | د.إ112 | د.إ1,311 | د.إ1,124 |
| 18K | د.إ96 | د.إ1,123 | د.إ963 |
Year-end 2009 international price ($1,087.50/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 2009
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $919.50 | د.إ109 | د.إ100 | +5.7% |
| February | $952.00 | د.إ112 | د.إ103 | +1.0% |
| March | $916.50 | د.إ108 | د.إ99 | -0.8% |
| April | $883.30 | د.إ104 | د.إ96 | -4.5% |
| May | $988.94 | د.إ117 | د.إ107 | +6.5% |
| June | $934.50 | د.إ110 | د.إ101 | -4.8% |
| July | $939.00 | د.إ111 | د.إ102 | +0.1% |
| August | $955.50 | د.إ113 | د.إ103 | +0.6% |
| September | $995.80 | د.إ118 | د.إ108 | -0.1% |
| October | $1,040.00 | د.إ123 | د.إ113 | -0.3% |
| November | $1,175.80 | د.إ139 | د.إ127 | +4.3% |
| December | $1,087.50 | د.إ128 | د.إ118 | -8.8% |
Monthly closes are the international USD price; the AED columns convert them at the 2009 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2009 vs today
Today 24K gold in the UAE is about د.إ482 per gram, roughly 3.8× the 2009 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 2009?
At the end of 2009, 24K gold in the UAE was د.إ128 per gram and 22K was د.إ118 per gram. This is the international year-end price of $1,087.50 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 2009?
Gold rose 25.0% in AED terms during 2009, from د.إ103 to د.إ128 per gram, while the dollar price moved 25.0%. The difference between the two is the AED exchange rate.
What is the 2009 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ482 per gram, roughly 3.8 times the 2009 year-end price of د.إ128.