Gold Rate in the UAE in 2010
In 2010, 24K gold in the UAE ended the year at د.إ166 per gram, up 29.2% from د.إ128 at the end of 2009. The international price closed 2010 at $1,405.50 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 2010 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ166 | د.إ1,936 | د.إ1,660 |
| 22K | د.إ152 | د.إ1,774 | د.إ1,521 |
| 21K | د.إ145 | د.إ1,694 | د.إ1,452 |
| 18K | د.إ124 | د.إ1,452 | د.إ1,245 |
Year-end 2010 international price ($1,405.50/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 2010
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $1,107.85 | د.إ131 | د.إ120 | -0.9% |
| February | $1,123.63 | د.إ133 | د.إ122 | +2.6% |
| March | $1,115.50 | د.إ132 | د.إ121 | +0.1% |
| April | $1,179.30 | د.إ139 | د.إ128 | +2.7% |
| May | $1,207.50 | د.إ143 | د.إ131 | +0.2% |
| June | $1,244.00 | د.إ147 | د.إ135 | +0.9% |
| July | $1,169.00 | د.إ138 | د.إ127 | -5.3% |
| August | $1,246.00 | د.إ147 | د.إ135 | +2.5% |
| September | $1,307.00 | د.إ154 | د.إ141 | +2.8% |
| October | $1,366.10 | د.إ161 | د.إ148 | +1.8% |
| November | $1,383.50 | د.إ163 | د.إ150 | +1.0% |
| December | $1,405.50 | د.إ166 | د.إ152 | +1.1% |
Monthly closes are the international USD price; the AED columns convert them at the 2010 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2010 vs today
Today 24K gold in the UAE is about د.إ475 per gram, roughly 2.9× the 2010 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 2010?
At the end of 2010, 24K gold in the UAE was د.إ166 per gram and 22K was د.إ152 per gram. This is the international year-end price of $1,405.50 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 2010?
Gold rose 29.2% in AED terms during 2010, from د.إ128 to د.إ166 per gram, while the dollar price moved 29.2%. The difference between the two is the AED exchange rate.
What is the 2010 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ475 per gram, roughly 2.9 times the 2010 year-end price of د.إ166.