Gold Rate in the UAE in 2020
In 2020, 24K gold in the UAE ended the year at د.إ223 per gram, up 24.6% from د.إ179 at the end of 2019. The international price closed 2020 at $1,887.60 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 2020 by Karat and Unit
| Karat | Per Gram | Per Tola | Per 10 Grams |
|---|---|---|---|
| 24K | د.إ223 | د.إ2,600 | د.إ2,229 |
| 22K | د.إ204 | د.إ2,383 | د.إ2,043 |
| 21K | د.إ195 | د.إ2,275 | د.إ1,950 |
| 18K | د.إ167 | د.إ1,950 | د.إ1,672 |
Year-end 2020 international price ($1,887.60/oz) converted at 3.67 AED/USD. Local retail rates added duty, tax and making charges on top.
Monthly Gold Rate in the UAE 2020
| Month | USD/oz close | 24K per Gram (AED) | 22K per Gram (AED) | Month change |
|---|---|---|---|---|
| January | $1,584.20 | د.إ187 | د.إ171 | +1.5% |
| February | $1,609.90 | د.إ190 | د.إ174 | +0.8% |
| March | $1,618.82 | د.إ191 | د.إ175 | +1.7% |
| April | $1,721.26 | د.إ203 | د.إ186 | +7.9% |
| May | $1,740.26 | د.إ205 | د.إ188 | +2.0% |
| June | $1,785.77 | د.إ211 | د.إ193 | +2.4% |
| July | $1,978.14 | د.إ234 | د.إ214 | +10.6% |
| August | $1,976.20 | د.إ233 | د.إ214 | +0.4% |
| September | $1,902.07 | د.إ225 | د.إ206 | -4.5% |
| October | $1,889.55 | د.إ223 | د.إ205 | -1.1% |
| November | $1,787.57 | د.إ211 | د.إ193 | -4.9% |
| December | $1,900.32 | د.إ224 | د.إ206 | +4.6% |
Monthly closes are the international USD price; the AED columns convert them at the 2020 year-end exchange rate, so intra-year currency moves are not reflected month by month.
2020 vs today
Today 24K gold in the UAE is about د.إ473 per gram, roughly 2.1× the 2020 year-end price. See the live the UAE gold rate.
Frequently asked questions
What was the gold rate in the UAE in 2020?
At the end of 2020, 24K gold in the UAE was د.إ223 per gram and 22K was د.إ204 per gram. This is the international year-end price of $1,887.60 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 2020?
Gold rose 24.6% in AED terms during 2020, from د.إ179 to د.إ223 per gram, while the dollar price moved 24.6%. The difference between the two is the AED exchange rate.
What is the 2020 gold rate worth compared with today?
Today 24K gold in the UAE is about د.إ473 per gram, roughly 2.1 times the 2020 year-end price of د.إ223.