Gold Rate in the UAE in 2017
In 2017, 24K gold in the UAE ended the year at د.إ152 per gram, up 12.7% from د.إ135 at the end of 2016. The international price closed 2017 at $1,291.00 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 2017 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ152 | د.إ1,778 | د.إ1,524 |
| 22K | د.إ140 | د.إ1,630 | د.إ1,397 |
| 21K | د.إ133 | د.إ1,556 | د.إ1,334 |
| 18K | د.إ114 | د.إ1,334 | د.إ1,143 |
Year-end 2017 international price ($1,291.00/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 2017
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $1,212.80 | د.إ143 | د.إ131 | -3.7% |
| February | $1,255.60 | د.إ148 | د.إ136 | +1.7% |
| March | $1,244.90 | د.إ147 | د.إ135 | +0.4% |
| April | $1,271.30 | د.إ150 | د.إ138 | +0.3% |
| May | $1,266.20 | د.إ150 | د.إ137 | -0.0% |
| June | $1,242.30 | د.إ147 | د.إ134 | -1.8% |
| July | $1,267.60 | د.إ150 | د.إ137 | +2.5% |
| August | $1,311.80 | د.إ155 | د.إ142 | +2.2% |
| September | $1,283.10 | د.إ152 | د.إ139 | -2.8% |
| October | $1,270.20 | د.إ150 | د.إ137 | -0.7% |
| November | $1,280.20 | د.إ151 | د.إ139 | -0.1% |
| December | $1,291.00 | د.إ152 | د.إ140 | +1.2% |
Monthly closes are the international USD price; the AED columns convert them at the 2017 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2017 vs today
Today 24K gold in the UAE is about د.إ479 per gram, roughly 3.1× the 2017 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 2017?
At the end of 2017, 24K gold in the UAE was د.إ152 per gram and 22K was د.إ140 per gram. This is the international year-end price of $1,291.00 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 2017?
Gold rose 12.7% in AED terms during 2017, from د.إ135 to د.إ152 per gram, while the dollar price moved 12.7%. The difference between the two is the AED exchange rate.
What is the 2017 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ479 per gram, roughly 3.1 times the 2017 year-end price of د.إ152.