Dubai Gold and Silver Prices: 1 November 2026 Rates and Buying Tips

Asan TataAsan Tata— November 1, 2026
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If you are planning to buy gold in Dubai today, the headline is simple: prices are steady. The published board rates for Sunday, 1 November 2026, are unchanged from yesterday, with 24K gold at AED 467.00 per gram. That stability makes today a good day to compare shops calmly, because the metal price is the same wherever you look — what changes from shop to shop is the making charge.

This guide gives you today’s Dubai gold rates by karat, the cost per tola and per 10 grams, today’s silver rates, and a clear breakdown of what your final bill will include. It also explains how to check a piece before you pay, so you leave the shop with what you paid for.

Quick Answer

On 1 November 2026, the published Dubai gold rates per gram are: 24K at AED 467.00, 22K at AED 432.50, 21K at AED 414.50, and 18K at AED 355.50. These are the day’s board rates, and they are unchanged from yesterday. A tola of 24K gold costs about AED 5,447 at the metal rate alone, before making charges and VAT. Silver is far cheaper: fine silver (999) is tracking near AED 5.81 per gram on spot-based market trackers. Your final jewellery bill will be higher than the metal value, because shops add making charges and VAT where it applies.

Today’s Gold Rates in Dubai: 1 November 2026

The table below shows the published board rates for 1 November 2026, as carried by Khaleej Times and Gulf News for the day. The morning, afternoon and evening readings are all the same, and yesterday’s rates match too, which is why the market is described as flat today.

KaratPurityPrice per gram (AED)Common use
24K99.9%467.00Bars, coins and investment pieces
22K91.6%432.50Most everyday jewellery in the UAE
21K87.5%414.50Traditional and wedding jewellery
18K75.0%355.50Stone-set and designer pieces
14K58.3%277.25Light, hard-wearing jewellery

One troy ounce of 24K gold works out to AED 14,525 at today’s per-gram rate, which matches the published ounce figure for the day. That cross-check matters, because it confirms the per-gram rates are consistent: multiply AED 467.00 by 31.1035 grams (one troy ounce) and you get about AED 14,525.

Two things to keep in mind: these are board rates for the metal itself, not shop prices for finished jewellery, and they can move during the day if global markets move sharply, so confirm the live board in the shop before you pay.

Gold Cost per Tola and per 10 Grams

Many buyers in the UAE think in tolas, especially for wedding and gift purchases. One tola equals 11.6638 grams. The table below converts today’s board rates into tola and 10-gram costs, using the metal rate only. Making charges and VAT come on top.

KaratPer gram (AED)Per 10 grams (AED)Per tola (AED)
24K467.004,6705,447
22K432.504,3255,045
21K414.504,1454,835
18K355.503,5554,146

As an example, a simple 22K bangle weighing one tola carries a metal value of about AED 5,045 today. If the shop charges AED 40 per gram in making charges, that adds about AED 467, taking the pre-VAT total to roughly AED 5,512. The exact making charge depends on the design: plain, machine-made pieces are usually cheapest to make, while hand-finished or intricate designs cost more.

For buyers comparing pieces, the per-gram making charge is the number that matters most.

Today’s Silver Rates in the UAE

Silver is tracked differently from gold in the UAE, because there is no single daily retail board for it in the same way. Spot-based market trackers put fine silver (999, or 99.9% pure) near AED 5.81 per gram on 1 November 2026, with sterling silver (925, or 92.5% pure) near AED 5.38 per gram. At those levels, 10 grams of fine silver cost about AED 58, and one kilogram costs about AED 5,810 at the metal value.

Retail silver prices in shops can look much higher than the spot figure. Khaleej Times’ most recent published retail silver board, dated 30 October 2026, showed AED 7,215 per kilogram from a Dubai silver jeweller. That gap is normal for silver: small retail pieces carry a larger dealer premium, making cost and VAT relative to the metal value than gold does. If you are buying silver, ask the shop for its own per-gram silver rate and making charge, and compare that with the spot figure rather than assuming the two will match.

Silver appeals to buyers who want a precious metal at a lower entry price. As with gold, these rates are given for information only; they are not investment advice, and prices can move quickly.

What Your Final Bill Actually Includes

A jewellery bill in the UAE usually has three parts. Understanding them before you reach the counter makes it much harder to overpay.

1. The metal value

This is the weight of the piece multiplied by today’s board rate for its karat. The shop should weigh the piece in front of you and show you the weight on the bill. If a piece has stones, ask whether the weight quoted is the gold weight alone or the total weight including stones, because that changes the metal value.

2. Making charges

Making charges pay for the work of turning raw gold into a finished piece. In Dubai, they are often charged as a flat amount per gram rather than a percentage of the gold value. That is good news for buyers when gold prices are high, because a rise in the gold rate does not push the making charge up with it. Always ask for the per-gram making charge and have it written on the bill. If one shop quotes a much lower making charge than others for a similar design, check the weight and karat carefully before assuming it is a better deal.

3. VAT

The UAE applies 5% VAT, and how it falls on your purchase depends on what you buy. Jewellery is generally subject to VAT, while investment-grade bullion that meets the UAE’s criteria can be zero-rated. The practical step is simple: ask the seller to show VAT as a separate line on the bill, so you can see exactly what you are paying. Tourists should also ask about the VAT refund scheme for overseas visitors, which can apply to eligible purchases taken out of the country.

How to Buy Gold Wisely in Dubai

Dubai’s gold market has a strong reputation, and most of it comes down to competition and regulation. Hundreds of licensed shops trade within a short distance of each other, especially in the Gold Souk in Deira, so prices stay keen. These steps will help you buy with confidence.

Check the karat and hallmark

Every piece should be stamped with its karat mark, and reputable shops will explain the stamp if you ask. For higher-value pieces, ask for a certificate or an itemised bill stating the karat, weight and making charge. Keep that bill: it is what you will need if you ever resell or exchange the piece.

Weigh the piece yourself

Ask the seller to weigh the piece in front of you on a calibrated scale. Note the weight, then multiply it by today’s board rate for that karat. That gives you the metal value, and anything above it should be explained as making charges and VAT.

Compare making charges across shops

Because the gold rate is the same everywhere on a given day, the making charge is where shops compete. Walk to two or three shops with the same design in mind and compare their per-gram making charges. A difference of AED 10 per gram on a 20-gram piece is AED 200, which is worth a short walk.

Prefer licensed shops and keep the receipt

Buy from licensed jewellers, whether in the Gold Souk, a mall or a standalone store. A proper receipt with the shop’s name, the item description, weight, karat, gold rate used, making charge and VAT is your protection. Avoid deals that ask you to pay in cash without a bill, however tempting the price sounds.

Think about resale before you buy

Jewellery is bought for wearing, not just for value, but it helps to know the resale reality. Shops usually buy back gold at close to the day’s metal rate, minus a small margin, and they do not refund making charges. Plain, higher-karat pieces therefore hold their value better on resale than heavily worked or stone-set designs, where more of the price went into making.

Gold Souk or Mall Shop: Which Is Better?

There is no single right answer, and many buyers visit both. The Gold Souk in Deira offers the widest choice and the most room to negotiate on making charges, because dozens of shops compete side by side. It is also the best place to compare the same design across several sellers in little time.

Mall jewellers, by contrast, offer fixed pricing, branded collections and a more relaxed setting, which suits buyers who prefer not to haggle. Their making charges may be higher, but the price on the tag is the price you pay, and branded pieces come with their own certificates and after-sales service. Whichever you choose, the checks are the same: confirm the karat, confirm the weight, and confirm the making charge in writing.

Why Gold Prices Are Flat Today

Today’s board shows no change from yesterday across every karat, and the ounce figure is also unchanged. Flat days like this are common when global markets are quiet, and they give buyers a stable reference point.

That steadiness should not be read as a prediction. Gold rates respond to the US dollar, interest-rate expectations and geopolitical news, and any of these can move the price from one day to the next, so check the board on the day you buy.

Frequently Asked Questions

What is the gold price in Dubai today?

On 1 November 2026, the published Dubai board rates per gram are AED 467.00 for 24K, AED 432.50 for 22K, AED 414.50 for 21K, AED 355.50 for 18K, and AED 277.25 for 14K. These rates are unchanged from yesterday.

How much is one tola of 24K gold today?

One tola is 11.6638 grams, so one tola of 24K gold costs about AED 5,447 at today’s metal rate, before making charges and VAT. One tola of 22K gold costs about AED 5,045 on the same basis.

Are making charges the same in every shop?

No. The gold rate is the same across licensed shops on a given day, but making charges vary by design and by shop. They are often charged per gram, and comparing them is the best way to get a better final price.

Is VAT charged on gold in the UAE?

VAT of 5% generally applies to jewellery purchases, while investment-grade bullion meeting the UAE’s criteria can be zero-rated. Ask the seller to show VAT separately on your bill, and tourists should ask about the visitor VAT refund scheme.

Is Dubai gold cheaper than gold in other countries?

Dubai is often competitive because of low making charges, strong competition among shops, and the tourist VAT refund scheme. The final comparison still depends on the making charge, taxes and exchange rates in the other country, so compare the full bill, not just the per-gram rate.

Where can I check tomorrow’s gold rate?

Daily board rates are published by Khaleej Times, Gulf News and the Dubai Jewellery Group, and displayed in jewellers’ shops. Check the board on the day you plan to buy, since rates change with global markets.

Disclaimer: Gold and silver rates in this article are the published board and market rates for 1 November 2026 and are given for general information only. They are not investment advice, and final shop prices will differ once making charges, stone values and VAT are added. Always confirm the live rate, weight and charges in the shop before paying.

Last Updated: 1 November 2026

Asan Tata
Asan Tata

Asan Tata is an independent information platform providing simple, practical guides on UAE visas, banking, insurance, driving licences, and government-related services. Our team researches information from reliable and official sources to make complex topics easier to understand.

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