Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for May 8, 2026
Retail gold prices in Dubai saw a notable increase on Friday, May 8, 2026, as the local market responded to shifts in global bullion trends. The price for 24K gold rose to AED 568.50 per gram, reflecting a gain of AED 2 compared to the previous day.
Retail gold prices in Dubai saw a notable increase on Friday, May 8, 2026, as the local market responded to shifts in global bullion trends. The price for 24K gold rose to AED 568.50 per gram, reflecting a gain of AED 2 compared to the previous day. Similar upward movements were recorded across 22K, 21K, and 18K purities, marking a firm end to the week for the UAE's precious metals sector.
Latest Retail Gold Rates in Dubai
The retail market in Dubai remains a primary destination for international buyers due to its competitive pricing. On Friday, 22K gold was priced at AED 526.50 per gram, while 18K gold reached AED 430.80 per gram. Gold Rate Today, May 8, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.
The following table provides the updated gold rates for May 8, 2026, across different weights and purities in AED, USD, and INR.
| Purity | Weight | Price (AED) | Price (USD) | Price (INR) |
| 24K | 1 Gram | 568.50 | 154.79 | 14,589 |
| 10 Grams | 5,685.00 | 1,547.90 | 1,45,892 | |
| 1 Tola | 6,630.86 | 1,805.38 | 1,70,165 | |
| 22K | 1 Gram | 526.50 | 143.35 | 13,511 |
| 10 Grams | 5,265.00 | 1,433.50 | 1,35,114 | |
| 1 Tola | 6,141.02 | 1,672.06 | 1,57,597 | |
| 21K | 1 Gram | 503.00 | 136.96 | 12,908 |
| 10 Grams | 5,030.00 | 1,369.60 | 1,29,080 | |
| 1 Tola | 5,866.86 | 1,597.51 | 1,50,559 | |
| 18K | 1 Gram | 430.80 | 117.30 | 11,055 |
| 10 Grams | 4,308.00 | 1,173.00 | 1,10,554 | |
| 1 Tola | 5,024.78 | 1,368.20 | 1,28,946 |
Note: Prices are indicative based on market data. Currency conversions are approximate based on current exchange rates: 1 USD ≈ 3.6725 AED and 1 INR ≈ 0.03896 AED.
Market Analysis and Performance
The current price hike follows a period of consolidation earlier in the month. Analysts note that while international spot gold faced pressure earlier in May, local retail demand in Dubai has helped stabilize prices. Today's increase of AED 2 per gram for 24K and 22K purities suggests a renewed bullish sentiment among local investors. Dubai Gold Rate Today: 18K, 22K, 24K Gold Prices for May 7, 2026.
Historically, Dubai's gold rates are highly sensitive to the US Dollar's performance, as the UAE Dirham is pegged to the greenback. Despite today's gains, current levels remain below the year's peak of AED 664.50 for 24K gold recorded in late January.
Regional Price Context
Dubai, often called the "City of Gold," typically maintains uniform pricing with other emirates like Abu Dhabi and Sharjah. However, slight variations may occur between different retail outlets based on making charges and specific brand premiums. For many buyers, especially those from India and neighboring Gulf countries, the absence of heavy import duties in the UAE continues to make Dubai a preferred hub for gold purchases.
(The above story first appeared on LatestLY on May 08, 2026 09:01 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
