🇦🇪Dubai Gold Souk price today (AED)
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The Gold Souk in Deira is Dubai's traditional gold market, with hundreds of retailers trading under one roof. Every shop in the souk prices its jewellery from the same official Dubai gold rate — the live rates below — plus a making (workmanship) charge per piece.
| Karat | gram | ounce | kilogram |
|---|---|---|---|
| 24k | — | — | |
| 22k | — | — | |
| 21k | — | — | |
| 18k | — | — |
Gold price chart
24k gold per gram ()
How souk prices are set
Gold in the souk is sold by weight. The gram price for each karat is fixed city-wide from the international spot rate (updated through the day), so the metal itself costs the same in every shop. What varies is the making charge — the craftsmanship fee added per piece — which is where comparison and negotiation happen.
Making charges and haggling
Making charges typically range from about AED 15 to AED 80+ per gram depending on the intricacy of the piece and whether it is local or imported work. The gold rate itself is non-negotiable, but making charges are: it is normal to ask for a better price, compare a few shops, and ask for the weight and karat to be shown on the receipt.
Opening hours and location
The Gold Souk is in Deira, near the Baniyas Square and Gold Souk metro stations. Most shops open roughly 10:00–22:00 Saturday to Thursday, with a midday break at some traders, and open in the late afternoon on Fridays. Rates displayed in shop windows update with the official Dubai retail rate.