Asan Tata— November 12, 2026Gold prices in Dubai fell again on Thursday, 12 November 2026. The Dubai Jewellery Group board opened with 24K gold at Dh479.50 per gram, down Dh3.50 from the previous day’s listed rate of Dh483.00. The drop follows a sharp fall in the international spot price, which slipped below $4,000 an ounce for the first time in several weeks. Buyers who waited after the Diwali rush are now seeing lower prices across all karats.
Silver held steady by comparison. The silver rate is listed at Dh7,465 per kilo, up Dh30 from Dh7,435 the day before. That works out to about Dh7.47 per gram for 999 fine silver. This guide covers today’s Dubai gold prices in full, the change from yesterday, silver rates, prices by weight, and practical tips for buyers.
Quick Answer
Today, 12 November 2026, Dubai gold prices are: 24K Dh479.50, 22K Dh444.00, 21K Dh425.75 and 18K Dh364.75 per gram. All four karats are lower than yesterday. The international spot price is about $3,984 per ounce, down from about $4,058 on 11 November. Silver is Dh7,465 per kilo. These are board rates before making charges and 5% VAT on jewellery.
Today’s Dubai Gold Rates: 12 November 2026
The table below shows the Dubai Jewellery Group board rates published on the morning of 12 November 2026, with the previous day’s listed rate for comparison. The rates are per gram in UAE dirhams.
| Karat | Today (12 Nov) | Yesterday (11 Nov) | Change |
|---|---|---|---|
| 24K (99.9% pure) | Dh479.50 | Dh483.00 | Down Dh3.50 |
| 22K (91.6% pure) | Dh444.00 | Dh447.25 | Down Dh3.25 |
| 21K (87.5% pure) | Dh425.75 | Dh428.75 | Down Dh3.00 |
| 18K (75% pure) | Dh364.75 | Dh367.50 | Down Dh2.75 |
| Gold ounce (24K) | Dh14,914 | Dh15,023 | Down Dh109 |
The 24K rate fell the most in dirham terms, which is normal because it is the purest karat and moves closest to the international price. The 22K rate, the karat most jewellery buyers in Dubai ask for, dropped Dh3.25 to Dh444.00 per gram.
What the board rate means
The board rate is the reference price set by the Dubai Jewellery Group. It reflects the international gold price converted into dirhams, plus a small local margin. It is not the final price you pay in a shop. Jewellers add making charges, and jewellery purchases carry 5% VAT. Bars and coins usually cost less over the board rate than finished jewellery, because their making charges are lower.
Spot gold was about $3,984 per ounce on the morning of 12 November, down from about $4,058 the day before, after a fall of about 3% on Tuesday. When the dollar price falls, the dirham price usually follows, because the dirham is pegged to the US dollar at 3.6725. Prices can move fast in either direction, so today’s lower rate is a snapshot, not a promise that prices will keep falling.
Silver Prices in Dubai Today
Silver is listed at Dh7,465 per kilo on 12 November, according to the rate published by Al Kananah Silver Jewellery in Dubai. That is Dh30 higher than the previous day’s Dh7,435 per kilo. In smaller units, that is about Dh7.47 per gram and about Dh74.65 for 10 grams.
Silver has drawn more attention from UAE buyers this year. It costs far less per gram than gold, so small savers can buy it in larger weights. It also has strong industrial demand from electronics and solar panels, which supports its price even when gold falls. Some buyers treat silver as a cheaper way to hold a precious metal, while others buy it for jewellery and gifts.
Silver prices in Dubai are quoted per kilo rather than per gram on the main rate boards. If a shop quotes you a per-gram silver price, multiply it by 1,000 and compare it with the Dh7,465 kilo rate before you agree to buy.
Dubai Gold Prices by Weight
Most buyers in Dubai think in grams, tolas, or 10-gram pieces. One tola is 11.6638 grams, the standard weight used across South Asia and the Gulf. The tables below use today’s board rates.
Price per gram and per 10 grams
| Karat | 1 gram | 5 grams | 10 grams |
|---|---|---|---|
| 24K | Dh479.50 | Dh2,397.50 | Dh4,795.00 |
| 22K | Dh444.00 | Dh2,220.00 | Dh4,440.00 |
| 21K | Dh425.75 | Dh2,128.75 | Dh4,257.50 |
| 18K | Dh364.75 | Dh1,823.75 | Dh3,647.50 |
Price per tola (11.6638 grams)
| Karat | 1 tola |
|---|---|
| 24K | Dh5,592.79 |
| 22K | Dh5,178.73 |
| 21K | Dh4,965.86 |
| 18K | Dh4,254.37 |
These figures are the metal value only. A shop’s final bill adds making charges, which vary by design and by shop, and 5% VAT on jewellery. For bars and coins, ask for the total price including any premium before you pay, and check the weight on the shop’s scale.
Why Gold Prices Fell Today
Three forces are pushing gold lower this week. First, the international spot price has dropped from above $4,100 an ounce earlier in the month to below $4,000. Gold rose very fast through the year, and some investors are now selling to lock in profits. Second, the US dollar has stayed firm, which usually weighs on gold because the metal becomes more expensive for buyers using other currencies. Third, the Diwali buying season in India has passed, so one of the biggest sources of physical demand has eased for now.
None of this tells us where prices will go next. Gold has swung by hundreds of dollars per ounce within single months this year. A lower price today can be a good moment to buy for a wedding or a long-term gift, but it is not a signal that prices will fall further. Buyers who need gold for a fixed date should focus on the total cost, including making charges, rather than trying to catch the lowest price of the month.
Buying Tips for Today
If you plan to buy gold in Dubai today, a few simple checks can save you money and trouble. Start by checking the board rate before you leave home, then compare it with the price quoted in the shop. The difference should be the making charge and VAT, and the shop should explain both clearly.
Ask for the making charge per gram in writing. Some shops charge a flat amount per gram, while others charge a percentage of the gold value. A flat per-gram charge is usually better when gold prices are high, because the charge does not rise with the price of the metal. For plain bangles and chains, making charges are often lower than for heavy stone-set designs.
Check the hallmark and the purity stamp on every piece. In the UAE, gold jewellery should carry a hallmark showing its karat, and reputable shops give a proper invoice with the weight, karat, making charge and VAT listed separately.
Compare at least two or three shops before buying, especially in the Gold Souq in Deira, where hundreds of traders compete side by side. Prices for the same design can differ by a surprising amount. If you are buying bars or coins as an investment, compare the premium over the board rate across shops, and prefer sealed bars from known refiners.
Tourists should ask about the VAT refund scheme before paying. Visitors can claim back VAT on purchases above a set value when they leave the country through the airport refund counters. Keep your receipts and your passport handy at the shop so the refund paperwork can be prepared.
Where to Buy Gold in Dubai
The Dubai Gold Souq in Deira remains the most popular place to buy gold in the city. More than 300 shops line its covered walkways, selling 22K and 21K jewellery, 24K bars and coins, and diamond-set pieces. Competition between neighbours keeps making charges honest, and most traders will negotiate on the charge for larger purchases.
Malls across Dubai also host branches of the big jewellery chains. Mall shops tend to charge higher making charges than the Souq, but they offer fixed prices and easy returns. For many buyers, that trade-off is worth it.
Today’s Exchange Rates for Remittances
Many gold buyers in Dubai also send money home, so the day’s exchange rates matter. The rates below are from Al Fardan Exchange for 12 November 2026, showing how many units of each currency one dirham buys.
| Currency | Rate per AED 1 |
|---|---|
| Indian Rupee (INR) | 25.45 |
| Pakistani Rupee (PKR) | 75.31 |
| Bangladesh Taka (BDT) | 33.20 |
| Sri Lankan Rupee (LKR) | 90.30 |
| Nepalese Rupee (NPR) | 40.83 |
| Egyptian Pound (EGP) | 14.40 |
| Philippine Peso (PHP) | 17.18 |
Because the dirham is pegged to the dollar, these rates move with the dollar’s strength. When the dollar is strong, expats sending money home usually get more of their home currency for each dirham. It is worth comparing two or three exchange houses before a large transfer, as their rates and fees differ.
Gold Price Trend This Week
Gold has been sliding all week. On 10 November the board showed 24K at Dh495.75 per gram, and on 11 November it was Dh487.75. Today’s Dh479.50 means the 24K rate has fallen by more than Dh16 per gram in two days. The spot price has dropped from about $4,114 an ounce on 10 November to about $3,984 today.
Silver has moved the other way in dirham terms, with the kilo rate rising from Dh7,435 to Dh7,465. That gap shows how the two metals can move apart over short periods, even though they often rise and fall together over longer ones.
For context, gold is still far above where it started the year, even after this week’s fall. The metal has set a series of record highs in 2026, driven by central-bank buying, investor demand and uncertainty in global markets. A pullback of a few percent after such a run is normal.
Frequently Asked Questions
What is the gold price in Dubai today?
On 12 November 2026, 24K gold is Dh479.50 per gram, 22K is Dh444.00, 21K is Dh425.75 and 18K is Dh364.75. These are Dubai Jewellery Group board rates before making charges and VAT.
Why did gold prices fall today?
The international spot price fell below $4,000 an ounce, down from about $4,058 the day before, after a sharp drop earlier in the week. Profit-taking, a firm US dollar and the end of the Diwali buying season all played a part.
How much is 1 tola of 24K gold in Dubai today?
One tola (11.6638 grams) of 24K gold costs Dh5,592.79 at today’s board rate. That is the metal value only. Making charges and VAT apply on jewellery, and bars carry a small premium.
What is the silver price in Dubai today?
Silver is listed at Dh7,465 per kilo, or about Dh7.47 per gram. The kilo rate rose Dh30 from Dh7,435 the previous day.
Is gold cheaper in Dubai than in India or Pakistan?
Dubai gold is often cheaper at the final bill because making charges are competitive and the market is highly competitive. However, the board rate itself follows the world price everywhere. Compare the total cost, including making charges and taxes, with prices at home before you decide.
Should I buy gold now or wait?
No one can say with certainty where prices will go next. If you need gold for a wedding or a gift on a fixed date, buying at a known price is usually wiser than waiting for a further fall that may not come. If you are investing, consider buying in small amounts over time instead of spending everything at once.
Disclaimer
Gold and silver prices change through the day, and the rates in this article are the morning board rates published on 12 November 2026. Shops may quote slightly different prices, and the final amount you pay depends on making charges, VAT and the exact weight of the piece. This article is for information only and is not investment advice. Check the live rate with the seller before you buy, and keep your invoice and hallmark certificate safe.
Sources: Khaleej Times gold and forex page, 12 November 2026 (Dubai Jewellery Group board rates; Al Kananah silver rates; Al Fardan Exchange currency rates); international spot gold price from market data published on 12 November 2026.
Last Updated: 12 November 2026
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