About GoldRates.ae

GoldRates.ae was built by Steve Pereira, a Dubai-based domain investor and digital entrepreneur. Steve has lived and worked in Dubai since 2019 and built GoldRates.ae after noticing that UAE expats — particularly the Indian, Pakistani and Filipino communities — had no reliable tool to check live gold prices in their home currencies before visiting the Gold Souk. The site launched in early 2026 and is operated independently from Dubai, UAE.

Currencies supported

60s

Price update interval

17+

Pages and tools

24/7

Always live

Why We Built GoldRates.ae

The UAE is home to over 3.5 million Indian expats, 1.5 million Pakistanis, and hundreds of thousands of Filipinos, Bangladeshis and other nationalities — many of whom check gold prices daily before buying jewellery, sending remittances or making investment decisions.

Existing gold rate sites either showed prices only in AED, updated infrequently, or buried the information in cluttered layouts. We wanted something better — live gold rates in 9 currencies simultaneously, updating every 60 seconds, with a clean interface that works on any device.

GoldRates.ae launched in 2026 and is operated from Dubai, UAE. The site is fully independent — not affiliated with any gold dealer, jeweller, bank or exchange house.

Our Data Sources & Methodology

Full transparency on how we calculate every price shown on GoldRates.ae.

International Gold Spot Price (XAU/USD)

We fetch the live gold spot price in USD per troy ounce every 60 seconds from the fawazahmed0 open currency API — a widely trusted open-source financial data source. The spot price reflects live trading on COMEX (New York), LBMA (London) and DGCX (Dubai).

AED Conversion — Fixed USD/AED Peg

The UAE Dirham has been pegged to the US Dollar at 3.6725 AED per USD since 1997. We apply this fixed rate to convert USD/oz to AED/gram (1 troy oz = 31.1035 grams).

Karat Purity Multipliers

We apply UAE-standard purity multipliers: 24K = 1.0 (99.9%), 22K = 0.9167 (91.67%), 21K = 0.875 (87.5%), 18K = 0.75 (75%) — identical to the standards enforced by the Dubai Central Laboratory for all gold sold in the UAE.

Dubai Retail Dealer Premium

We add a standard UAE retail dealer premium (~4.5 AED/gram, scaled by karat) to align our prices with rates at Dubai Gold Souk retail shops — consistent with DGJG published retail methodology.

Live Currency Rates for INR, PKR, PHP & More

We fetch live mid-market exchange rates every 60 seconds from the open.er-api.com API to convert AED prices into 8 other currencies. Mid-market rates are the fairest available reference — bank and remittance rates will differ slightly.

Reference Benchmarks & Standards

INTERNATIONAL

LBMA — London Bullion Market Association

The global authority for gold and silver pricing standards. The LBMA Gold Price benchmark is used by central banks, ETFs and commodity exchanges worldwide.

UAE AUTHORITY

DGJG — Dubai Gold & Jewellery Group

The official UAE body that sets and publishes the daily retail gold rate across all emirates. All gold shops in the UAE are required to display DGJG rates. Our retail premium methodology aligns with DGJG standards.

UAE REGULATOR

Dubai Central Laboratory

The UAE government body that tests and certifies gold purity for all gold sold in the emirate. We use the same karat purity standards enforced by this authority.

UAE EXCHANGE

DGCX — Dubai Gold & Commodities Exchange

The UAE's premier commodity exchange for gold futures and spot contracts. DGCX prices serve as a regional cross-reference for our spot price validation.

GOLD DATA

Fawazahmed0 Currency API

Open-source financial data API providing live XAU/USD and XAG/USD spot prices. Served via jsDelivr CDN for reliability and uptime.

FX DATA

Open Exchange Rates API

Live mid-market rates for AED to INR, PKR, PHP, BDT, SAR, USD, EUR and GBP — updated every 60 seconds.

Our Principles

⚡

Speed

Prices update every 60 seconds via our server-side PHP proxy. No third-party delays, no browser CORS issues.

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Transparency

Every calculation, every data source, every API is documented above. No black boxes. If our prices differ from the Gold Souk, we explain why.

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Accessibility

Gold rate sites shouldn't show AED only. GoldRates.ae shows prices in 9 currencies simultaneously — free, forever, for the UAE's diverse expat community.

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Independence

Not affiliated with any gold dealer, jeweller, exchange or bank. Prices are calculated independently from public market data — no incentive to mislead.

A Note on Price Accuracy

GoldRates.ae shows the retail benchmark rate — the gold content price at Dubai Gold Souk retail shops. The final price you pay will also include making charges (AED 3–15/gram for jewellery) which vary by shop and design. For gold bars, a bar premium of 1–3% typically applies instead.

Prices update every 60 seconds during market hours. During weekends and public holidays, prices reflect the last available market rate until markets reopen.

⚠️ Disclaimer: Prices on GoldRates.ae are for informational purposes only and should not be used as the sole basis for financial decisions. Always verify with your dealer before purchasing. GoldRates.ae is not a financial advisor, gold dealer or regulated financial service.

Get in Touch

We welcome feedback, price corrections and partnership enquiries.

partners@goldrates.ae

📋

Contact Page

Full contact form

About the Author

Steve Pereira is a Dubai-based domain investor, digital entrepreneur and Samsung UAE partnerships professional. He has lived in the UAE since 2019 and tracks the Dubai gold market closely as part of his broader interest in UAE consumer financial tools.

GoldRates.ae is his flagship web project — built to solve a real problem he observed firsthand: UAE expats checking gold prices on slow, AED-only sites before visiting Deira's Gold Souk, unable to quickly calculate what they were paying in Indian Rupees, Pakistani Rupees or Philippine Peso.

The site is fully independent — not affiliated with any gold dealer, jeweller, bank or exchange house. All data comes from the international gold spot market via the fawazahmed0 open currency API, updated every 60 seconds.

📍 Based in Dubai, UAE

🗓️ Site launched 2026

🔗 Independent — no affiliates