United Arab Emirates · AED · June 2018
Gold Price in United Arab Emirates — June 2018
In June 2018, the gold price in United Arab Emirates closed at approximately د.إ4,593 per troy ounce, equivalent to د.إ1,722 per tola or د.إ148 per gram. This represents a -3.41% change on the month (د.إ4,755 open → د.إ4,593 close).
Open
د.إ4,755
per troy ounce
Close
د.إ4,593
per troy ounce
High
د.إ4,785
per troy ounce
Low
د.إ4,593
per troy ounce
All unit prices at June 2018 close — United Arab Emirates
| Unit | Weight | Closing AED price |
|---|---|---|
| Troy ounce | 31.1035 g | د.إ4,593 |
| Gram | 1.0000 g | د.إ148 |
| 10 grams | 10 g | د.إ1,477 |
| Kilogram | 1,000 g | د.إ147,659 |
| Tola | 11.664 g | د.إ1,722 |
Karat-purity breakdown at June 2018 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24KUNITED ARAB EMIRATES STD | د.إ148 | د.إ1,721 |
| 22K | د.إ135 | د.إ1,578 |
| 21K | د.إ129 | د.إ1,507 |
| 18K | د.إ111 | د.إ1,292 |
| 14K | د.إ86 | د.إ1,008 |
| 10K | د.إ62 | د.إ718 |
Daily gold price in AED — June 2018
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)
Daily gold price — June 2018, United Arab Emirates
د.إ4,755
$1,294.60/oz
د.إ4,767
$1,298.09/oz
د.إ4,758
$1,295.50/oz
د.إ4,745
$1,292.10/oz
د.إ4,775
$1,300.10/oz
د.إ4,765
$1,297.30/oz
د.إ4,768
$1,298.30/oz
د.إ4,783
$1,302.33/oz
د.إ4,773
$1,299.60/oz
د.إ4,770
$1,298.70/oz
د.إ4,761
$1,296.20/oz
د.إ4,785
$1,302.80/oz
د.إ4,721
$1,285.30/oz
د.إ4,710
$1,282.46/oz
د.إ4,707
$1,281.60/oz
د.إ4,687
$1,276.20/oz
د.إ4,680
$1,274.20/oz
د.إ4,650
$1,266.20/oz
د.إ4,661
$1,269.20/oz
د.إ4,674
$1,272.70/oz
د.إ4,660
$1,268.70/oz
د.إ4,629
$1,260.30/oz
د.إ4,608
$1,254.60/oz
د.إ4,597
$1,251.60/oz
د.إ4,593
$1,250.50/oz
How United Arab Emirates gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The AED/USD exchange rate comes from exchangerate-api.com's 2018 year-end snapshot.
Conversion. Every AED figure on this page is computed as XAU/USD price × AED/USD rate. We use the year-end exchange rate consistently across all June 2018 prices on this page.
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).
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 Emiratesgold market” section above.
FAQ — United Arab Emirates gold price in June 2018
What was the gold price in United Arab Emirates in June 2018?
In June 2018, gold in United Arab Emirates opened at د.إ4,755/oz and closed at د.إ4,593/oz — a move of -3.41% on the month. Per tola: ≈د.إ1,722; per gram: ≈د.إ148; per 10g: ≈د.إ1,477.
What was the 24K gold rate per tola in United Arab Emirates in June 2018?
The 24K gold rate per tola in United Arab Emirates at the June 2018 close was approximately د.إ1,722, derived from international XAU/USD spot of $1,250.50/oz times the 2018-end AED/USD exchange rate of 3.6727. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 24K gold rate per gram in United Arab Emirates in June 2018?
United Arab Emirates's most-quoted retail standard is 24K per gram. At the June 2018 close, that worked out to approximately د.إ148 (24K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
AED prices on this page are computed from the verified international XAU/USD spot price for June 2018 (sourced from gold-api.com), multiplied by the 2018-end AED/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The د.إ figures here represent the international gold spot price converted to AED at the 2018-end exchange rate. United Arab Emirates's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
Want today's rate in United Arab Emirates? See live gold prices in United Arab Emirates with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2018 archive or the USD-only June 2018 page with the country-by-country list at the bottom.
Other markets? Compare June 2018 prices across other major gold-trading countries: Pakistan, India, Saudi Arabia, United States, United Kingdom.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to AED at the 2018-end 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.