Who Sets The UAE Gold Price

Gold is traded the world over, predominantly in every major financial centre including New York, Sydney, Hong Kong, Tokyo, Mumbai, Dubai, Chicago, Geneva and London, to name a few.

The Dubai gold price, including the UAE gold price, is provided by the Dubai Gold & Jewellery Group and is based upon the London Gold Market Fixing. This is the most renowned and most strictly followed of all the trading centres for gold. The LBMA, consisting of five members Scotia-Mocatta, Barclays Capital, Deutsche Bank, HSBC and Societe Generale fix the price of gold every morning and afternoon at the opening and closing of that trading day.

The Gold price is fixed in three major currencies: US Dollars (USD), British Pounds (GBP) and Euros (EUR).

The price of gold on our site is shown in AED, the gold rate is based on the USD equivalent from the London Gold Market fix.

At Kuber Jewellery LLC we will turn your Gold into Cash! Free XRF Testing & Valuation! Instant Cash Payment Guarantee

Check live prices today

Great place to sell your gold jewellery. They were very professional and we were very pleased with the price we received. It’s a little hard to find, so be sure to watch the video on their website on how to find them.

This is the best place to sell your gold in the UAE. The staff is very friendly and accommodating. The place is secured with CCTV and locked doors that made me feel confident that I'm dealing with professionals.

Had a great experience selling my gold here, very professional and quick. What I liked most is their transparency, I cold get all the information on the website including the price.