UAE Gold Price — Saturday, 30 May 2026
Closing gold rates in AED per gram for Dubai & UAE — sourced from international spot data.
Price summary for Saturday, 30 May 2026
On Saturday, 30 May 2026, the UAE retail gold rate for 24K pure gold was AED 536.07 per gram, and 22K gold — the most widely traded karat for jewellery in Dubai — was priced at AED 491.40 per gram.
The increase of AED 5.21 (0.98%) compared to the previous trading session reflects movements in the international gold spot price, which is quoted in USD per troy ounce and converted to AED at the fixed exchange rate of 3.6725.
How UAE gold prices are set
UAE gold prices are derived from the London Bullion Market Association (LBMA) international spot price, which is set twice daily by a benchmark auction in London. The spot price is quoted in USD per troy ounce.
Converting to AED per gram: the USD/oz price is divided by 31.1035 (grams per troy ounce), then multiplied by 3.6725 (the fixed AED/USD peg rate). Each karat's price is then calculated by applying the relevant purity fraction — 22K is 91.67% of the 24K rate, 21K is 87.5%, and 18K is 75%.
Because the AED is pegged to the USD at a fixed rate, UAE residents experience no currency risk when holding gold — a 1% move in the international spot price means a 1% move in the AED price. This is one reason gold is a popular savings and investment vehicle in the UAE.