Gold Price in Dubai 2026: Monthly Rates, the Record High and the Correction
By Zohaib Noman, Editor of GoldRateUAE. Figures update automatically as each month’s LBMA data comes in. How we calculate the rate.
Quick answer: So far in 2026, to 25 September, 24K gold in the UAE averaged AED 537.32 per gram and 22K averaged AED 492.56 per gram at world market prices. The low was AED 471.53 on 16 July and the high was AED 638.19 on 29 January. The average was 32.6% higher than in 2025.
GoldRateUAE follows the gold price in Dubai 2026 month by month, including the all time high in January and the fall that came after it. Every figure is the world market price per gram in dirhams; shop boards in Dubai add a small retail margin.
This page updates itself as the year goes on. The monthly table grows each week with new data, and the summary above always shows the latest year to date figures.
Monthly Gold Rates in Dubai for 2026
| Month | Average 24K (AED/g) | Average 22K (AED/g) | Low 24K | High 24K | Change |
|---|---|---|---|---|---|
| January 2026 | 560.20 | 513.53 | 513.97 | 638.19 | +10.6% |
| February 2026 | 592.67 | 543.30 | 556.69 | 616.62 | +5.8% |
| March 2026 | 574.09 | 526.27 | 521.12 | 627.43 | -3.1% |
| April 2026 | 557.77 | 511.30 | 533.94 | 575.08 | -2.8% |
| May 2026 | 541.66 | 496.54 | 521.82 | 560.06 | -2.9% |
| June 2026 | 500.43 | 458.75 | 472.51 | 531.79 | -7.6% |
| July 2026 | 481.02 | 440.95 | 471.53 | 491.68 | -3.9% |
| August 2026 | 520.69 | 477.32 | 475.62 | 550.66 | +8.2% |
| September 2026 | 513.68 | 470.89 | 503.12 | 527.45 | -1.3% |
Source: LBMA Gold Price (PM) in US dollars per troy ounce, converted at 3.6725 AED per USD and 31.1035 grams per ounce. These are world market values; jewellery shop board rates are usually a few percent higher.
The first two months were the strongest of the year, rising 10.6% and 5.8%. From March to July every monthly average was lower than the one before, before a rebound of 8.2% in August.
The Record High of January 2026
Gold started 2026 near US$4,350 per ounce and climbed fast. It closed above US$4,500 on 12 January and above US$5,000 for the first time on 26 January.
The peak came three days later, on 29 January, at US$5,405 per ounce. In dirhams that is about AED 638 per gram for 24K and AED 585 for 22K, the highest gold rate ever recorded in the UAE at world prices.
The highest LBMA gold price on record is US$5,405.00 per ounce, set on 29 January 2026, which equals AED 638.19 per gram for 24K and AED 585.03 for 22K. Today's 24K price of AED 505.97 is 20.7% below that peak.Why Did the Gold Price Fall After January?
After the record, gold spent five months moving lower. By 16 July the LBMA price had dropped to US$3,993.55, about 26% below the January peak and back under US$4,000.
Falls of this size often follow very fast rises, as some investors sell to lock in gains. The price then recovered part of the loss, and by late September it was around 7% above the July low.
For UAE buyers, the fall was an opening. A 22K gram that cost about AED 585 at the January peak was below AED 440 at the July low at world prices.
How Does the 2026 Quarter Compare?
| Period | Average 24K (AED per gram) | Trend |
|---|---|---|
| January to March | AED 575.36 | Record high on 29 January, slight fall in March |
| April to June | AED 532.07 | Steady decline, largest monthly drop in June |
| July to September | AED 503.83 | Low on 16 July, rebound in August |
Even after the correction, 2026 prices remain well above 2025. The year to date average is about a third higher than the 2025 average.
What Should Buyers Take From 2026 So Far?
The year shows that gold can fall as quickly as it rises. Anyone who bought at the January peak was still sitting on a paper loss in September, while buyers in July paid much less for the same weight.
If you buy gold regularly, spreading purchases across the year helps avoid buying everything at a peak. Check the gold rate in Dubai today against the monthly averages above before a large purchase.
For views on where prices may go next, read our gold rate forecast for 2026. Compare the year with 2025 on the gold price in Dubai 2025 page.
What Did 10 Grams of Gold Cost at Each Turning Point in 2026?
For buyers who think in 10 gram pieces, the table turns the year’s key dates into a simple bill at world prices, before making charges and VAT.
| Date | 10 grams of 22K | 10 grams of 24K |
|---|---|---|
| 2 January, first trading day | AED 4,712 | AED 5,140 |
| 29 January, record high | AED 5,850 | AED 6,382 |
| 16 July, low of the year | AED 4,323 | AED 4,715 |
| 25 September, latest LBMA price | AED 4,612 | AED 5,031 |
The gap between the January peak and the July low was more than AED 1,500 on 10 grams of 22K. That is larger than the making charge on most everyday pieces, which shows how much timing mattered this year.
Frequently Asked Questions
What is the highest gold price in Dubai in 2026?
The record so far came on 29 January 2026, when the LBMA price hit US$5,405 per ounce. That is about AED 638 per gram for 24K at world market prices.
How much has gold fallen since the January 2026 peak?
By the July low the world price was about 26% below the record. It has since recovered part of that fall.
Is gold cheaper now than at the start of 2026?
At world prices the late September level was slightly below the price on the first trading day of 2026. It was far below the January peak.
Does this page update automatically?
Yes. The monthly table and the summary refresh every week from new LBMA data, so the year to date figures stay current.
Following the Gold Price in Dubai 2026 Through the Year
Check back on the gold price in Dubai 2026 as the year continues: each month adds a new row to the table and the summary moves with it. Use it alongside the live rate when you plan a purchase.
This page gives market information only and is not financial advice. Historical prices are world market values; retail prices include a dealer margin, making charges and VAT.
Sources: LBMA precious metal prices.