Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for May 18, 2026
Dubai's retail gold prices (gold rates) opened flat today, May 18, holding steady after a mid-week correction driven by strong US inflation data. According to GoodReturns, 24-karat gold stands at AED 547.00 per gram and 22-karat at AED 506.50, keeping Dubai rates highly competitive for international travellers and expatriate buyers.
Retail gold prices (gold rates) in Dubai opened flat on Monday, May 18, holding steady after a notable correction during the latter half of the previous week. According to data aggregated from the financial tracking platform GoodReturns, the retail price for 24-karat pure gold stands at AED 547.00 per gram, while the highly sought-after 22-karat jewellery-grade gold is trading at AED 506.50 per gram. Market analysts note that the flattening prices mirror global trends as international bullion prices paused over the weekend to digest stronger-than-expected economic data coming out of the United States.
Scroll below to see the 18K, 21K, 22K and 24K Dubai gold rate (gold prices) of today, May 17, in AED, USD and INR. Gold Rate Today, May 18, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.
Macro Trends and Regional Adjustments
The local price consistency follows a volatile stretch where spot gold briefly dipped below international multi-week benchmarks. In the lower-purity segments popular for daily-wear ornaments, 21-karat gold opened the week at AED 485.75 per gram, and 18-karat jewellery gold is holding firm at AED 416.25 per gram. For Indian travellers and expatriates frequenting the Deira Gold Souk, Dubai’s tax-free shopping incentives continue to provide a notable pricing advantage compared to domestic Indian rates, despite a stronger U.S. Dollar keeping overall import values high.
Dubai Gold Rates As of May 17, 2026
The table below outlines the retail gold rates across major carats and weight metrics in Dubai as of May 18, 2026. Conversions are calculated using the prevailing mid-market exchange rates of approximately 1 AED = 0.2723 USD and 1 AED = 26.15 INR.
| Purity / Carat | Weight Metric | Price in UAE Dirham (AED) | Price in US Dollar (USD) | Price in Indian Rupee (INR) |
| 24-Karat | Per Gram | AED 547.00 | USD 148.94 | INR 14,303.11 |
| (99.9% Pure) | Per 10 Grams | AED 5,470.00 | USD 1,489.45 | INR 1,43,031.06 |
| Per Tola | AED 6,380.10 | USD 1,737.26 | INR 1,66,828.16 | |
| 22-Karat | Per Gram | AED 506.50 | USD 137.92 | INR 13,244.18 |
| (91.6% Pure) | Per 10 Grams | AED 5,065.00 | USD 1,379.17 | INR 1,32,441.77 |
| Per Tola | AED 5,907.72 | USD 1,608.63 | INR 1,54,475.24 | |
| 21-Karat | Per Gram | AED 485.75 | USD 132.27 | INR 12,701.37 |
| (87.5% Pure) | Per 10 Grams | AED 4,857.50 | USD 1,322.67 | INR 1,27,013.72 |
| Per Tola | AED 5,665.69 | USD 1,542.74 | INR 1,48,145.98 | |
| 18-Karat | Per Gram | AED 416.25 | USD 113.34 | INR 10,884.23 |
| (75.0% Pure) | Per 10 Grams | AED 4,162.50 | USD 1,133.42 | INR 1,08,842.34 |
| Per Tola | AED 4,855.05 | USD 1,322.00 | INR 1,26,952.12 |
(Note: 1 Tola is mathematically equivalent to 11.6638 grams).
Global Drivers and Underlying Market Pressures
The stabilising retail performance in Dubai is tightly woven into global macroeconomic factors. Bullion prices faced headwinds late last week after the U.S. Federal Reserve signalled a prolonged timeline for high interest rates following persistent core inflation data. Because gold yields no interest, higher bond yields and a robust US dollar tend to prompt institutional capital to rotate away from defensive precious metals. Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for May 17, 2026.
Additionally, local bullion dealers in the UAE point out that seasonal travel patterns ahead of the summer holidays have kept physical retail demand resilient. While geopolitical developments in the broader West Asia region continue to support gold's baseline appeal as a safe-haven asset, the lack of immediate fresh triggers has allowed the marketplace to discover a temporary pricing equilibrium moving into the third week of May.
(The above story first appeared on LatestLY on May 18, 2026 10:00 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
