1 Tola 22k Gold Price in Dubai Today
Table of Contents
π Live Gold Price Chart in AED
π Gold Price in Dubai Today
Current Gold price in Dubai in USD, AED, and IND. These rates are international spot gold prices. Dubai retail price may be 5-6 AED per gram higher.
Price | Last Updated | Previous Close |
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9,622.50 | 10 mins ago | 9,603.40 |
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2,619.80 | 10 mins ago | 2,614.60 |
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221,106.80 | 10 mins ago | 220,667.93 |
π 1 Tola 22k Gold Price in Dubai Today
Price | Last Updated | Previous Close |
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9,622.50 | 10 mins ago | 9,603.40 |
Price | Last Updated | Previous Close |
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2,619.80 | 10 mins ago | 2,614.60 |
πͺ Gold Karat/Carat
π Karat vs. Carat:
- “Karat” refers to the fineness of gold.
- “Carat” refers to the weight of gemstones.
β¨ 24 carat: Pure gold, no other metals.
π« Lower caratages: They contain less gold.
- 18 carat gold: Contains 75% gold and 25% other metals (often copper or silver).
π Varies by country: Minimum caratage required to be called gold differs by country.
β¨ Types Of Gold Karats
π 24 k Gold π
β¨ 24k gold is also known as pure gold or 100% gold. It means that 24 parts of the gold are pure gold without any traces of other metals. This type of gold is 99.9% pure and displays a distinct bright yellow color. π
π«βοΈ There is no higher form of gold than 24K, so be cautious when dealing with sellers who claim to offer 25K or 26K gold. Since 24K gold is the purest form, it naturally comes with a higher price tag compared to 22K or 18K gold. π«π°
ππ Although this type of gold is less dense and softer than lower karat gold, making it unsuitable for regular jewelry, it is commonly used for coins and bars. Additionally, 24K gold finds application in electronics and medical devices such as gold tympanostomy tubes for children with ear infections, which enhance middle ear aeration. π»π©Ί
ππ° 1 Tola 22k Gold Price in Dubai Today π°π
βοΈ 22K gold jewelry consists of 22 parts gold and 2 parts other metals, making up 91.67% pure gold. The remaining 8.33% includes metals like silver, zinc, nickel, and other alloys. This gold is frequently used in jewelry making and provides a durable texture. However, it is not recommended for diamond or heavily studded jewelry. βοΈπ
π 21K Gold π
π 21 Karat gold is composed of 87.5% pure gold mixed with 12.5% other metals. π
π 18K Gold π
π 18K gold contains 75% gold mixed with 25% other metals like copper or silver, etc. This type of gold is commonly used for studded and diamond jewelry. It is less expensive compared to 24K and 22K gold and exhibits a slightly duller gold color. π
β When identifying 18K jewelry, look for stamps such as 18K, 18Kt, 18k, or similar variations. Sometimes, 18K gold may be marked with 750, 0.75, or other similar stamps, indicating 75% gold content in the jewelry. β
π What is the Difference between 24K Gold & 22K Gold?
π 24K Gold:
- π― 99.9% purity, the highest available.
- π Bright yellow appearance with remarkable beauty and shine.
π 22K Gold:
- Approximately 91% pure gold.
- π― Other 9% typically includes copper, silver, or other metals.
π Jewelry Shopping:
- “Karat” is usually the implied meaning.
- π Jewelers are obligated to stamp gold jewelry with its karat rating.
Remember, the higher the karat, the purer the gold! β¨
β Dubai Gold Purity
π The purity of gold retailed in Dubai is ensured by the DCLD β Dubai Central Laboratories Department, which awards retailers with a Bareeq Certification. The assessment procedure includes:
β
Checking retailers’ compliance with federal and local rules and regulations.
β
Verifying product quality and assurance.
β
Ensuring adequate labeling on the jewelry.
π During the inspection, authorized inspectors capture their findings. Additionally, voluntary certification complements the DCLD’s inspection, which occurs three times a year. Certification is granted to stores that follow fair and genuine practices in jewelry trading.
π To check the purity of the gold you’ve purchased, you can:
1οΈβ£ Examine the Jewelry: Reputable stores often stamp their pieces with purity data. Under a magnifying glass, you can identify the stamp indicating its purity.
2οΈβ£ Look for Bareeq Certification: All legitimate stores in Dubai possess a Bareeq Certificate.
3οΈβ£ Visit a Jeweler: If you find it challenging to determine the jewelry’s purity, take it to a jewelry store for inspection.
π€ How To Get a Low Gold Rate In Dubai?
- Know the Gold Rate in Dubai: The gold price in Dubai fluctuates daily. So it is only sensible to know how much it costs in the open market. Being aware of the market price helps in haggling with the vendors.
- Know the Types of Gold: It is important to be aware of the different Karats and weights of gold being sold in the market.
- Choose The Jewelry: Once the piece of jewelry is decided, its Karat and weight should be determined.
- Trying Bargaining: It is good to learn the art of bargaining by studying the Rate and Make.
- Browse Around: Before settling for any piece of jewelry, browse around.
- 1 Tola 22k Gold Price in Dubai Today.
π Tourist Tips to Buy Gold In Dubai
β Forever precious: Gold remains an esteemed metal sought after by people worldwide for saving and investing purposes.
β The City of Gold: Dubai, famously known as the ‘City of Gold,’ is a paradise for gold buyers due to its extensive gold offerings.
β Attractive prices: Dubai is preferred for purchasing gold due to its alluring prices that captivate buyers from around the globe.
βοΈ Tourist Gold Purchases βοΈ
π Varying allowances: The amount of gold that tourists can purchase in Dubai differs based on their country of residence.
π° Gold rate in Dubai: Tourists from all over the world are keen to stay updated on the gold rate in Dubai.
π Country-specific limits: Each country sets a specific allowance, specifying the maximum gold weight and cost that can be brought back.
π’ Best Place To Buy Gold in Dubai
π¬ Dubai Gold Souk: Located in Dubaiβs commercial business district in Deira π Al Dhagaya locality.
π Over 380 retailers, mostly jewelry traders.
π Dubai, a shopperβs paradise, offers:
- Popular fashion brands and designers.
- Unforgettable perfumes.
- Stunning accessories.
- Exquisite jewelry.
Experience the magic of Dubai as you explore the vibrant and bustling Dubai Gold Souk. With over 380 retailers, this traditional market is a haven for jewelry enthusiasts. Located in the heart of Dubai’s commercial business district, Deira’s Al Dhagaya locality, this iconic souk offers a wide selection of gold and other precious jewelry items. Indulge in luxury as you stroll through the market, discovering the finest gold and exploring the latest fashion trends. Dubai truly is a shopper’s paradise, with its renowned fashion brands, captivating perfumes, exquisite accessories, and stunning jewelry. Don’t miss the opportunity to buy 1 Tola 22k Gold Price in Dubai today in the opulence of Dubai’s Gold Souk! β¨
π Gold Measuring Units
The gold price varies from the measurement unit. In the gold market, different countries have different rules, habits, and measurement units, which is why the measurement units for gold trading in the world are different. The following table lists the usual measurement units used in the international gold markets:
Gold Unit | Description |
---|---|
Troy Ounce (oz t) | Commonly used to measure the mass of precious metals such as gold. 1 troy ounce = 31.1034768 grams |
Pennyweight (dwt) | Mainly used for measuring precious metals in UK. 1dwt = 1.55517384 grams |
Grams (g) | Metric system unit of mass. 1 grams = 0.001 Kilogram |
Tola | Traditional South Asian unit of mass. It is defined as a 3/8 troy ounce.1 tola = 11.6638 grams (approx.) |
Tael | Commonly used in Hong Kong, Chinese, and Southeast Asia. It equals about 50 grams or 1.607 troy ounces. 1 tael = 50 grams (in china) 1 tael = 37.799364167 grams (in Hong Kong) 1 tael = 37.5 grams (in Japan) |
Baht | Traditional unit of measurement is based on the weight of a grain of weight.1 grain = 0.0648 grams |
Grain | Traditional unit of measurement is based on the weight of a grain of weight. 1 grain = 0.0648 grams |