United Arab Emirates · AED · Wednesday, September 12, 2018
Gold Price in United Arab Emirates — September 12, 2018
On September 12, 2018, gold in United Arab Emirates closed at approximately د.إ4,391 per troy ounce — about د.إ1,647 per tola or د.إ141 per gram. The figure is computed from the verified international XAU/USD spot price ($1,195.60/oz) × the day's AED/USD exchange rate.
AED / Troy Ounce
د.إ4,391
31.1035 g
AED / Gram
د.إ141
1 g
AED / Tola
د.إ1,647
11.664 g
All unit prices on September 12, 2018 — United Arab Emirates
| Unit | Weight | AED price |
|---|---|---|
| Troy ounce | 31.1035 g | د.إ4,391 |
| Gram | 1.0000 g | د.إ141 |
| 10 grams | 10 g | د.إ1,412 |
| Kilogram | 1,000 g | د.إ141,184 |
| Tola | 11.664 g | د.إ1,647 |
Karat-purity breakdown — September 12, 2018
| Karat | Per gram | Per 10g | Per tola |
|---|---|---|---|
| 24KUNITED ARAB EMIRATES STD | د.إ141 | د.إ1,410 | د.إ1,645 |
| 22K | د.إ129 | د.إ1,293 | د.إ1,508 |
| 21K | د.إ124 | د.إ1,235 | د.إ1,441 |
| 18K | د.إ106 | د.إ1,059 | د.إ1,235 |
| 14K | د.إ83 | د.إ826 | د.إ963 |
| 10K | د.إ59 | د.إ589 | د.إ687 |
Surrounding ±15 trading days — AED
Price action on September 12, 2018
1-day move
vs prior session
7-day move
rolling week
30-day move
rolling month
YTD
since 1 Jan 2018
Calendar position
Day 255 of 365
Trading day
220th of 315
Position in 2018's range
10% (low $1,178.40 → high $1,355.95)
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)
September 12 in other years — United Arab Emirates
September 12, 2018 gold price in other countries
How this September 12, 2018 United Arab Emirates price is calculated
International benchmark. The XAU/USD spot price for September 12, 2018 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $1,195.60/oz.
Currency conversion. The AED/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (3.6729) to the USD price — not a year-average or month-end approximation. This makes the د.إ figure on this page accurate to the trading session.
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). We never compound rounding errors by going through intermediate units.
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 Emirates gold market” section above. The retail rate at a jeweller in United Arab Emirates on September 12, 2018 would have been a few percent above this number once those costs are included.
FAQ — United Arab Emirates gold price on September 12, 2018
What was the gold price in United Arab Emirates on September 12, 2018?
On September 12, 2018 (Wednesday), gold in United Arab Emirates traded at approximately د.إ4,391 per troy ounce. That works out to about د.إ141 per gram, د.إ1,647 per tola, and د.إ1,412 per 10 grams. The figure is derived from international XAU/USD spot of $1,195.60/oz × the day's AED/USD exchange rate of 3.6729.
What was the 24K gold rate per tola in United Arab Emirates on September 12, 2018?
The 24K gold rate per tola in United Arab Emirates on September 12, 2018 was approximately د.إ1,645 (99.9% pure metal value). This excludes local taxes, dealer making charges and any country-specific levies — those add on top to produce the final retail rate.
What was the 24K gold rate in United Arab Emirates on September 12, 2018?
United Arab Emirates's most-quoted retail standard is 24K per gram. On September 12, 2018, that pure-metal value was approximately د.إ141. Add country-specific taxes and making charges (see the market-context section above) for the final retail rate.
How accurate is this number versus what jewellers were quoting?
The د.إ figure on this page is the verified international XAU/USD spot price for September 12, 2018 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in United Arab Emirates typically sit a few percent above this number.
Was September 12, 2018 a trading day?
Yes — September 12, 2018 was the 220th trading session of 315 for 2018 on the international gold market. Wednesdays are typically active trading days unless they fall on a major holiday.
Want today's rate in United Arab Emirates? See live gold prices in United Arab Emirates with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.
Different unit on this same date? The USD-only daily archive for September 12, 2018 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.
Browse the archive. Step through every day of September 2018 in United Arab Emirates, see the full 2018 archive, or use our tola, gram and karat calculators for live calculations against today's rate.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to AED at the same day's 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.