Dubai gold prices moved higher at the start of the week. The 24K rate opened at Dh496.75 per gram on Monday, 9 November 2026. That is Dh6.25 more than the Dh490.50 rate seen over the weekend. The rise came after two weeks of falls, and it gives buyers and sellers a fresh set of rates to work with.
Dubai is one of the largest gold markets in the world. This article sets out the rates for 9 November 2026, explains why prices moved, and gives practical tips for anyone planning to buy gold in Dubai today.
Quick Answer
On Monday, 9 November 2026, the Dubai Jewellery Group board rate for 24K gold was Dh496.75 per gram, up Dh6.25 from Dh490.50 over the weekend. The 22K rate was Dh460, 21K was Dh441.25, 18K was Dh378 and 14K was Dh295 per gram. Spot gold traded at $4,124.11 per ounce, up 1.4 per cent, while silver traded at $53.06 per ounce, up 2.65 per cent.
Dubai Gold Prices Today: 9 November 2026 Rates
The Dubai Jewellery Group publishes the official board rates for gold in Dubai. These are the rates that most gold shops in the city use as their starting point. The rates below are for Monday, 9 November 2026, as reported by Khaleej Times.
| Purity | Price per gram (AED) | Change vs weekend |
|---|---|---|
| 24K (99.9% pure) | Dh496.75 | Up Dh6.25 |
| 22K (91.7% pure) | Dh460.00 | Up |
| 21K (87.5% pure) | Dh441.25 | Up |
| 18K (75% pure) | Dh378.00 | Up |
| 14K (58.5% pure) | Dh295.00 | Up |
The 24K rate is the benchmark for bars and investment gold. The 22K rate is the one most jewellery buyers watch, because 22K is the standard purity for gold jewellery sold in the UAE. These rates are for the gold itself. They do not include making charges, which shops add on top, or VAT on those charges. Always ask for the full price before you agree to buy.
Gold Rates Per Tola: 9 November 2026
Many buyers in the UAE, especially from South Asia, think in tolas rather than grams. One tola equals 11.6638 grams. The table below converts the Dubai board rates into per-tola prices for 9 November 2026.
| Purity | Price per tola (AED) |
|---|---|
| 24K | Dh5,793.99 |
| 22K | Dh5,365.35 |
| 21K | Dh5,146.65 |
| 18K | Dh4,408.92 |
| 14K | Dh3,440.82 |
These per-tola figures are calculated from the per-gram board rates. Shops may round them slightly, and making charges are added on top. When comparing shops, always compare the same purity and weight, and ask each shop to show the making charge separately.
Silver Prices Today: 9 November 2026
Silver also moved higher on Monday. The global spot price of silver was $53.06 per ounce, up 2.65 per cent. At the fixed exchange rate of Dh3.6725 to the US dollar, that works out to about Dh6.26 per gram for fine silver.
Silver is often bought as coins, bars or jewellery. In Dubai it is sold by weight like gold, and the price includes the shop’s margin and any making charges. Check the live rate before you buy, because silver prices can move sharply in a single day.
Silver rates in Dubai are not published on a single board like gold rates. The figure above is a guide based on the global spot price, so ask the shop to show the rate it is using.
Why Gold Prices Rose Today
The main driver was softer oil prices. Oil fell after US President Donald Trump said he was highly unlikely to order further attacks on Iran, as talks to end the conflict continued. Lower oil prices can ease inflation worries and reduce expectations that interest rates will stay high for longer. When rates are expected to stay lower, gold becomes more attractive, because gold pays no interest.
Tim Waterer, chief market analyst at KCM Trade, told Reuters that Trump’s softer tone on Iran is keeping a lid on oil prices, which eases inflation pressure on gold. The dollar also softened on Monday, making dollar-priced bullion cheaper for buyers using other currencies.
Traders were also waiting for US inflation data and fresh signals from the Federal Reserve. US job growth accelerated in October and unemployment fell to 4.1 per cent, keeping the Fed on track for a rate rise in December. Traders put the chance of a December rise at 81 per cent, up from 71 per cent before the jobs data, according to CME’s FedWatch tool.
Higher US rates can weigh on gold, because they raise the return on interest-paying assets. But on Monday the softer oil price and the weaker dollar mattered more, and gold rose 1.4 per cent to $4,124.11 per ounce.
Gold Price Trend Over the Last Two Weeks
Monday’s rise follows a rough two weeks for gold. Prices had fallen by a total of Dh35 per gram over the previous two weeks in Dubai, taking the 24K rate down from above Dh500 per gram to Dh490.50 by the end of last week.
The slide ended late last week. Gold prices rose at the end of the week after two consecutive weeks of declines, with increases of between Dh14 and Dh23.50 per gram across carats. The 24K price reached Dh490.50, up Dh23.50 from the end of the previous week, while 22K rose by Dh21.75 to Dh454.25. Monday’s further rise to Dh496.75 for 24K extends that recovery, with 22K climbing to Dh460 and 21K to Dh441.25. The move is broad, not limited to one purity.
The timing also helped. The rise came just after Dhanteras on 6 November and Diwali on 8 November, when gold buying is traditionally strong among Indian buyers in the UAE. Festival demand can support prices, although oil, the dollar and US rate expectations were the bigger drivers on Monday.
Buying Gold in Dubai: Practical Tips
Dubai’s Gold Souk in Deira is one of the most famous gold markets in the world, and the city has hundreds of licensed gold shops. The final price you pay depends on more than the board rate, so these tips can help you buy with confidence.
Check the board rate first
Look up the Dubai Jewellery Group board rate before you go shopping. Most shops display the day’s rates, and the rate is also published in UAE newspapers each morning. If a shop quotes a rate far above the board rate, ask why, and compare with another shop before you buy.
Understand making charges
Making charges are the cost of turning raw gold into jewellery. They vary a lot by design and are added to the gold price. Simple designs usually carry lower charges, while detailed or handmade pieces cost more. Ask the shop to show the making charge as a separate line on the bill. Some shops will reduce it if you ask, especially on plain items.
Ask about VAT
Investment-grade gold of 99 per cent purity or more is zero-rated for VAT in the UAE, which covers bars of 999.9 purity. For jewellery, VAT of 5 per cent applies to the making charges, not to the gold itself. Make sure the bill shows the VAT clearly and that you are not charged VAT on the full value of the gold.
Check the purity and hallmark
Gold sold in Dubai should be hallmarked with its purity, such as 22K or 21K. Ask the shop to confirm the purity in writing on the receipt. If you are buying an expensive piece, consider having it checked by an independent assayer.
Keep your receipt and certificate
Always keep the receipt, and ask for a certificate for bars or high-value pieces. The receipt should show the weight, the purity, the rate per gram, the making charge and the total.
What to Check Before You Pay
Before you pay, run through a short checklist. Confirm the weight on a scale in front of you, the purity, and the rate per gram. Check the making charge and the VAT, and confirm the total matches the sum of those parts. Ask about the shop’s buy-back or exchange policy, in case you want to sell or swap the piece later.
Most established shops in Dubai will buy back gold they sold, but the buy-back price is usually lower than the selling price, because the shop removes the making charge and applies its own margin. If you are buying gold to take abroad, check the rules of your destination country first. Many countries require travellers to declare gold above a certain value, and duties may apply.
Gold as an Investment vs Jewellery
People buy gold in Dubai for two main reasons: as jewellery to wear, and as an investment to hold. Bars and coins are usually the better choice for investment. They carry a small premium over the spot price and are easier to sell at close to the market rate. Jewellery, by contrast, carries making charges that are rarely recovered in full when you sell.
If your goal is investment, compare the premium on bars across a few dealers, and consider smaller bars or coins if you may want to sell part of your holding later. Gold prices can fall as well as rise, and no one can say with certainty where they will go next.
What to Watch Next
Traders will be watching US inflation data and any fresh signals from the Federal Reserve this week. If inflation comes in higher than expected, rate expectations could rise and gold could come under pressure. Oil prices will also matter, as will the dollar: a stronger dollar tends to weigh on gold, while a weaker dollar supports it. For buyers in Dubai, the practical step is simple: check the board rate on the day you plan to buy, compare a few shops, and do not rush a large purchase on a single day’s move.
Frequently Asked Questions
What is the 24K gold price in Dubai today?
On Monday, 9 November 2026, the Dubai Jewellery Group board rate for 24K gold was Dh496.75 per gram. That was up Dh6.25 from Dh490.50 over the weekend.
What is the 22K gold price in Dubai today?
The 22K gold rate in Dubai on 9 November 2026 was Dh460 per gram. It is the rate most jewellery buyers follow, because 22K is the standard purity for gold jewellery sold in the UAE.
How much is one tola of 24K gold in Dubai today?
One tola of 24K gold cost about Dh5,793.99 in Dubai on 9 November 2026. One tola equals 11.6638 grams, and the figure is calculated from the per-gram board rate of Dh496.75.
Why did gold prices rise in Dubai today?
Gold rose because oil prices softened after the US President said further attacks on Iran were highly unlikely, which eased inflation worries. The dollar also softened, which made dollar-priced gold cheaper for overseas buyers. Spot gold rose 1.4 per cent to $4,124.11 per ounce.
Is VAT charged on gold in Dubai?
Investment-grade gold of 99 per cent purity or more is zero-rated for VAT in the UAE. For jewellery, 5 per cent VAT applies to the making charges, not to the gold itself. Check the bill to see how VAT has been applied.
Where can I check the live gold rate in Dubai?
The Dubai Jewellery Group board rate is published each morning in UAE newspapers and on gold price websites. Most gold shops in Dubai also display the day’s rates. Always check the rate on the day you plan to buy, because prices change daily.
Disclaimer
Gold prices change during the day and can move quickly. The rates here are the Dubai Jewellery Group board rates for the morning of Monday, 9 November 2026, as reported by Khaleej Times, and the silver figure is calculated from the global spot price. Always confirm the current rate with the shop before you buy. This article is for general information only and is not investment advice.
Sources: Khaleej Times, 9 November 2026 (Dubai Jewellery Group board rates and Reuters market report); Emirates 247, 9 November 2026 (weekly gold price changes in Dubai and Sharjah markets).
Last Updated: 9 November 2026
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