1 oz Gold Price Today – Dubai, Abu Dhabi, Sharjah

When investing in gold bars in the UAE, knowing the current 1 oz gold bar price is crucial, Whether you’re in Dubai, Abu Dhabi, or Sharjah, daily price fluctuations—powered by international spot gold changes, UAE Dirham exchange rates, and local demand, it can significantly impact your investment decisions.

Here is an in-depth look at today’s prices and what drives them:

Dubai: AED 12,361.72 per ounce

As of today report, the 1 oz gold bar price in Dubai is AED 12,361.72 

Live Price of Gold +8

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Live Price of Gold

Dubai, a significant global hub for the gold trade, retains its closeness to global spot prices due to its robust bullion market and favourable tax laws, Real-time price changes are made throughout the 24-hour trading cycle, offering transparency to investors and jewellers alike.

Gold Rate:

Abu Dhabi: AED 12,327.40/ounce

As per update right now, the price of gold in Abu Dhabi is AED 12,327.40 per ounce , Only a tiny spread, which reflects local dealer margins and trade volumes, separates this from Dubai’s price.

The same fundamentals are reflected in Abu Dhabi’s bullion market: local supply-demand dynamics, worldwide spot prices, and fluctuations in the value of the AED concerning the US dollar , When buying physical bars, buyers should account for low labour expenses and premium fees.

Sharjah: AED 12,184.93 per ounce

The price of one ounce of gold bar in Sharjah is AED 12,184.93.

The current gold price

Prices are nevertheless heavily impacted by the same factors, despite being generally a little less expensive than in Dubai,

Abu Dhabi: regional demand-supply, international spot gold levels, and Dirham FX rates. AED 100–200 is the typical spread between Emirates.

Why Prices Differ Across Emirates

Local Dealer Markups: The commission arrangements and premiums vary slightly amongst the emirates.

Data Update Timing: Depending on the source, price publications may be an hour or two behind schedule.

if we talk about Demand Patterns then Sharjah frequently experiences reduced demand, which may result in somewhat lower premiums.

Operational Costs: Storage fees and overheads associated with the location are factors.

Historical Context & Recent Trends

Prices in Dubai have varied from AED 12,323 to AED 12,550 per ounce within the last week:

11 July: 12,550.94 AED

GoldPricesDubai.com

9 July: 12,414.04 AED

GoldPricesDubai.com

This volatility is normal and reflects global factors, including the strength of the USD, geopolitical tensions, and actions made by the US Federal Reserve, because the UAE Dirham is based on the dollar, changes in the price of gold in AED frequently closely reflect changes in the price of gold in USD.

Smart Buying Tips

Compare Across Emirates: Always check price differences—Sharjah might save you AED 100–200 per ounce.

Check Live Rates: Use reliable local sources (e.g., LivePriceOfGold, Goldprice24) for minute-to-minute updates.

Include Premiums: The spot price doesn’t include packaging, assay certification, or seller’s margin.

Buy Strategically, Consider local demand patterns—prices tend to spike before busy shopping periods.

Today’s Quick Reference Table

Emirate- 1 oz Gold Bar Price

Dubai- AED 12,361.72

Abu Dhabi- AED 12,327.40

Sharjah- AED 12,184.93

Final Takeaway

The same fundamentals are reflected in Abu Dhabi’s bullion market: local supply-demand dynamics, worldwide spot prices, and fluctuations in the value of the AED in relation to the US dollar, when buying physical bars, buyers should account for low labour expenses and premium fees.