Asan Tata— November 8, 2026Gold prices in Dubai held steady on Sunday, 8 November 2026. The Dubai board rates did not move during the day. The 24K rate stayed at AED 490.50 per gram from morning to evening. It was the same figure as yesterday. Silver also stayed close to its recent level, with 999 fine silver near AED 6.14 per gram.
This guide gives the full rates for 8 November 2026. It covers gold in 24K, 22K, 21K and 18K, plus silver in 999 fine and 925 sterling. It also explains what the board rate is, why it differs from the world spot price, and what else you pay on top of the metal price.
Quick Answer
On 8 November 2026, Dubai gold rates are 24K at AED 490.50 per gram, 22K at AED 454.25 per gram, 21K at AED 435.50 per gram and 18K at AED 373.25 per gram. The rates are unchanged from yesterday. Silver is near AED 6.14 per gram for 999 fine silver and AED 5.69 per gram for 925 sterling silver. Making charges and 5% VAT are extra, so the final bill is higher than the metal price alone.
Today’s Gold Rates in Dubai
The rates below are the Dubai board rates published on 8 November 2026. They come from the Khaleej Times gold page, which carries the rates used across Dubai’s gold trade. The page showed the same rates in the morning, the afternoon and the evening, and the “yesterday” column matched too.
One tola equals 11.6638 grams. The table gives the per-gram rate, the 10-gram rate and the per-tola rate for each karat. These figures are for the metal only. They do not include making charges or VAT.
| Karat | Per Gram (AED) | Per 10 Grams (AED) | Per Tola (AED) |
|---|---|---|---|
| 24K (99.9% pure) | 490.50 | 4,905.00 | 5,721.10 |
| 22K (91.6% pure) | 454.25 | 4,542.50 | 5,298.28 |
| 21K (87.5% pure) | 435.50 | 4,355.00 | 5,079.59 |
| 18K (75% pure) | 373.25 | 3,732.50 | 4,353.51 |
The 24K ounce rate is AED 15,256. That is the price of one troy ounce of 24K gold, which weighs 31.1035 grams. Most jewellery in Dubai is sold in 22K or 21K. These two karats are strong enough for daily wear. Pure 24K gold is very soft, so it is used mainly for bars and coins. 18K suits lighter, modern designs and diamond settings.
Gold Rates Compared With Yesterday
Gold did not move on 8 November 2026. The Khaleej Times page showed 24K at AED 490.50 in every column: morning, afternoon, evening and yesterday. The same was true for 22K, 21K and 18K.
It helps to put the flat day in context. Gold has been trading at high levels in recent weeks. The world spot price is near USD 4,066 to USD 4,087 per troy ounce. For comparison, 24K was AED 498.75 per gram during the Dhanteras week, then about AED 493.25 on 6 November. Today it is AED 490.50. The trend has been a gentle fall from the Dhanteras peak. Check the rate again on the day you buy.
Silver Prices in Dubai Today
Silver does not have the same daily board rate that gold has in Dubai. Its price is worked out from the world spot price. On 8 November 2026, spot silver is trading near USD 52.07 per troy ounce. That converts to about AED 6.14 per gram for 999 fine silver and about AED 5.69 per gram for 925 sterling silver.
| Silver Type | Per Gram (AED) | Per 10 Grams (AED) | Per Tola (AED) | Per Ounce (AED) |
|---|---|---|---|---|
| 999 fine silver | 6.14 | 61.40 | 71.62 | 190.98 |
| 925 sterling silver | 5.69 | 56.90 | 66.37 | 177.00 |
These silver figures are indicative rates based on the world spot price, not shop prices. A jeweller’s price will be higher, because it includes making charges and VAT.
For a sense of shop-level silver prices, the Khaleej Times silver page listed a retail silver kilo rate of AED 7,285 on 6 November 2026, from Al Kananah Silver Jewellery in Dubai. That is a retail jeweller’s price, not the raw spot value of about AED 6,140 per kilogram. Silver has drawn more attention this year. It is far cheaper per gram than gold, so new buyers can start small. Even so, silver prices can swing more sharply than gold prices in a single day.
Why the Board Rate and the Spot Price Are Different
Many buyers notice two different gold prices online. Both are real. They simply measure different things.
The world spot price is the price of raw gold on the global market. It is quoted in US dollars per troy ounce. On 8 November 2026 it is near USD 4,066 to USD 4,087 per ounce. Converted at the fixed exchange rate of AED 3.6725 per US dollar, that gives about AED 480.81 to AED 482.51 per gram for 24K gold.
The Dubai board rate is higher: AED 490.50 per gram for 24K today. The board rate is the rate Dubai’s gold shops display and trade at. It is published by the Dubai Gold and Jewellery Group and shown several times a day. It includes local costs and a retail margin on top of the raw metal value. That is why the board rate sits a few dirhams above the spot-derived figure. The gap is normal and it changes from day to day. It is usually small when the market is calm. It can widen when demand is strong, for example during wedding season or festivals like Diwali and Dhanteras. The board rate is the one that matters when you walk into a shop in Dubai, because that is the rate the shop will use for your bill.
What Your Final Bill Includes
First, making charges. These are the labour cost of turning metal into jewellery. In Dubai, making charges are often a flat amount per gram rather than a percentage of the metal value. That matters when gold is costly. A flat charge means the making cost does not rise just because the metal price rose. Simple designs cost less to make. Heavy, detailed work costs more. Always ask for the making charge per gram before the item is weighed and billed.
Second, VAT. Jewellery purchases in the UAE carry 5% VAT on the full value, including making charges. Tourists can claim a VAT refund when they leave the country. Residents cannot claim it back. Keep your receipts and ask the shop about the refund process.
Third, the exchange rate if you pay in another currency. The Khaleej Times draft rates on 8 November 2026 show 1 AED equal to 25.45 Indian rupees and 75.32 Pakistani rupees. Shops use their own rate, which may differ from the bank rate. Paying in dirhams usually gives you the cleanest deal. Before you pay, check the bill line by line: weight, karat, board rate, making charge and VAT. If any line is unclear, ask before you pay.
Buying Tips for the Gold Souk and Jewellery Shops
Dubai’s Gold Souk in Deira is one of the largest gold markets in the world. It has more than 300 traders along a covered walkway. The choice is huge, and so is the range of prices for similar items. A little preparation goes a long way.
Check the board rate before you leave home. The Khaleej Times gold page updates during the day. When you know the day’s rate, you can tell at once whether a shop’s quote is fair. The rate is the same for every shop.
Compare making charges across two or three shops. The metal price is fixed, so the making charge is where shops differ. A simple 22K bangle may carry a small charge in one shop and a much larger charge in another.
Ask about the purity stamp. Gold jewellery in Dubai should carry a hallmark showing its karat. Ask for a receipt showing the weight, karat, rate and making charge, and keep it.
Consider the design you actually want. Heavy traditional sets suit some buyers. Light modern pieces suit others. The karat affects both the price and how the piece wears. 22K is the usual choice for daily-wear gold in the UAE. 18K suits pieces with many stones, because the metal holds them firmly.
Gold and Silver as a Store of Value
Many UAE residents buy gold as a long-term store of value rather than as a quick trade. The reasons are simple. Gold has held its worth over long periods. It is easy to sell in Dubai, where hundreds of shops buy it back. And it is a physical asset you can hold, unlike a bank balance.
Bars and coins suit buyers who want the metal itself. Jewellery suits buyers who want to wear what they own. Bars usually carry a smaller premium over the metal price than jewellery, because there is no making charge. Coins sit in between.
No one can say where gold or silver prices will go next. Prices can fall as well as rise, and past gains do not promise future gains. Treat precious metals as one part of your savings, not as a sure way to make money. If you are unsure, speak to a licensed financial adviser before you commit a large sum.
Frequently Asked Questions
What is the gold rate in Dubai today, 8 November 2026?
The Dubai board rates on 8 November 2026 are 24K at AED 490.50 per gram, 22K at AED 454.25 per gram, 21K at AED 435.50 per gram and 18K at AED 373.25 per gram. The rates are unchanged from yesterday.
What is the silver rate in Dubai today?
Silver is near AED 6.14 per gram for 999 fine silver and AED 5.69 per gram for 925 sterling silver on 8 November 2026. These are indicative rates based on the world spot price. Shop prices are higher because they include making charges and VAT.
Is gold cheaper in Dubai than in India or Pakistan?
Dubai is often cheaper for gold jewellery. The reasons are lower making charges, no import duty on gold, high competition among shops and a VAT refund for tourists. Even so, the final price depends on the making charge and the design, so it is worth comparing the full bill, not just the metal rate.
How much is one tola of 24K gold in Dubai today?
One tola of 24K gold costs AED 5,721.10 on 8 November 2026. One tola equals 11.6638 grams. For 22K gold, one tola costs AED 5,298.28. These figures are for the metal only and do not include making charges or VAT.
Why is the Dubai gold rate higher than the world spot price?
The Dubai board rate includes local costs and a retail margin on top of the raw metal value. The spot price is the raw world price in US dollars per ounce. On 8 November 2026 the spot-derived 24K rate is about AED 480.81 to AED 482.51 per gram, while the board rate is AED 490.50 per gram. The board rate is the rate shops use.
Do I pay VAT when I buy gold in Dubai?
Yes. Jewellery purchases in the UAE carry 5% VAT on the full value, including making charges. Tourists can claim a VAT refund when they leave the country. Keep your receipts and ask the shop about the refund process at the time of purchase.
Disclaimer
Gold and silver prices change during the day. The rates here are the Dubai board rates and indicative spot-based silver rates for 8 November 2026. Shops may charge different making charges. Always confirm the rate and the full bill with the shop before you buy. This article is for general information only. It is not investment advice.
Sources: Khaleej Times gold and forex page (8 November 2026, Dubai board rates and draft exchange rates); GoldRateUAE 24K and 21K Dubai pages (8 November 2026, per-tola cross-check); MarketsHost and GramRate silver pages (8 November 2026, spot-based silver rates); DahabPulse gold price page (8 November 2026, spot gold near USD 4,066 per ounce).
Last Updated: 8 November 2026
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