Live gold prices for the six Gulf Cooperation Council countries in riyals, dirhams, dinars and more, per gram, tola, ounce and kilo.
The Gulf is one of the most gold-focused retail markets in the world. Gold is bought and sold by the gram in the souks and malls of Riyadh, Jeddah, Dubai, Doha, Kuwait City, Manama and Muscat, and shoppers compare the daily rate before they walk in. Jewellery is the main product, whether it is for weddings, gifts or savings, and shops often display the day's rate for each karat on a board by the counter.
Karat preferences differ across the region. 21K gold, which is 87.5% pure, is the everyday standard in several Gulf markets, and 22K, at 91.6%, is common in others, especially where Indian and Pakistani buyers shop. 18K is used for diamond and fashion jewellery, and 24K is kept for bars and coins. Our country pages show all four karats, so you can read the price for the one you are buying.
A useful detail is the currency. The Saudi riyal, UAE dirham, Qatari riyal, Bahraini dinar and Omani rial are all pegged to the US dollar, and the Kuwaiti dinar is managed against a basket of currencies. Because of the pegs, local gold prices in most of the Gulf move almost exactly in step with the dollar price of gold. The dinar and rial markets quote three decimal places, so the figures on those pages look different from the riyal and dirham pages.
VAT, import rules and making charges are not the same in each country, and they apply differently to jewellery and to investment bullion. That is why the same gold can cost a different amount in two Gulf cities even on the same day. The prices below are the spot-based value of the gold, so treat them as the starting point and ask the shop what it adds.
Prices are the spot-based value of 24K gold per gram in the local currency, updated live. They exclude making charges, taxes and dealer margins. See the methodology.
