Priyanka Tiwari
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Suspense crime, Digital Desk : For those looking to buy gold in one of the world's most famous markets, prices in Dubai remained stable on Monday. The city, a major global hub for precious metals, is a popular destination for gold buyers, particularly from India, due to its tax-free policies on gold purchases. This makes understanding the daily rates crucial for both tourists looking for jewelry and investors tracking the market.
Here is a breakdown of today's gold and silver prices in Dubai, providing a clear benchmark for potential buyers.
Today's Gold Prices in Dubai (per gram):
24-Carat Gold: 281.25 AED (UAE Dirhams)
22-Carat Gold: 260.25 AED
20-Carat Gold: 234.50 AED
18-Carat Gold: 211.00 AED
These rates are unchanged from the previous day, indicating a period of stability in the local market. For context, 24-carat represents the purest form of gold, while lower carats are mixed with other metals to increase durability, making them ideal for jewelry.
Today's Silver Price in Dubai (per gram):
Silver: 3.52 AED
Prices in Indian Rupees (for comparison):
To help international buyers, especially from India, here are the approximate costs converted to Indian Rupees (INR):
10 Grams of 24-Carat Gold: Approximately ₹78,418
10 Grams of 22-Carat Gold: Approximately ₹71,885
The stability in Dubai's gold market offers a clear and predictable opportunity for those looking to purchase precious metals without the added tax burden found in many other countries.
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