Dubai Gold Price Today 24K/22K/21K/18K/14K
The largest gold market in the world is Dubai, in the United Arab Emirates. Today is Tuesday, 24 March 2017, and in this post you can find today’s gold price in Dubai. Gold prices change regularly. In Dubai, the price usually changes three times a day-morning, afternoon, and night. So, the price can be different at different times of the day.
In the Dubai market, five types of gold purity (karat) are available, which are not always found in many other countries. Another advantage of Dubai’s gold market is that gold prices are comparatively lower than in other countries. Also, VAT and making charges are relatively low, and in some cities, VAT is almost zero.
Gold price per 1 gram in Dubai:
| Type | Morning | Afternoon | Evening |
|---|---|---|---|
| 24 Karat | 519.75 AED | ||
| 22 Karat | 481.25 AED | ||
| 21 Karat | 461.25 AED | ||
| 18 Karat | 395.50 AED | ||
| 14 Karat | 308.50 AED |
10 Gram Gold Price in Dubai
From this price, if we calculate 10 grams of gold: 24 karat gold (10 grams): 5,197.50 dirham, 22 karat gold (10 grams): 4,812.5 dirham, 21 karat gold (10 grams): 4,612.5 dirham, 18 karat gold (10 grams): 3,955 dirham, 14 karat gold (10 grams): 3,085 dirham.
The gram system is commonly used in countries like India, Saudi Arabia, and others. People in Bangladesh usually understand gold prices better in “bhori” (a traditional weight unit).
So, if we convert the price into Vori: 24 karat gold (1 Vori): 2,03,782 taka, 22 karat gold (1 Vori): 1,88,687 taka, 21 karat gold (1 Vori): 1,80,845 taka, 18 karat gold (1 Vori): 1,55,066 taka, 14 karat gold (1 Vori): 1,20,955 taka [ exchange rate bank 1 AED to 33.6149 BDT ]
Gold in Dubai is considered a luxury item. People use gold to make different types of jewelry. Especially in Dubai, children, girls, and women often wear gold from head to toe.
For this reason, the demand for gold in Dubai is very high, but the price is still lower compared to many other countries.Gold is also very important in trade and exchange.
It plays a major role in the economy because it is imported and exported between countries. Gold can be used to trade and sell goods in international markets.
