Gold price / rate per gram in AED

Today, 20 Jun 2019, current price of 1 troy ounce(1389.1 USD) and USD rate (3.67 AED). All prices are shown in United Arab Emirates Dirham

24 KPurity - 163.9AED
22 KPurity - 150.27AED
18 KPurity - 123.05AED
14 KPurity - 95.98 AED
9 KPurity - 61.53AED

For over a century, five companies ran the London Gold Market Fixing Company and set prices through a process conducted by telephone called the “London Gold Fix.” 1 On March 20, 2015, the ICE Benchmark Administration (IBA) took over and replaced the process with an electronic auction system called the LBMA Gold Price. 2 3 The LBMA owns the rights to the process. Several banks, an oversight committee, and a panel of internal and external chair members make up the IBA. Twice daily, at 10:30 AM and 3:00 PM UK Time, the IBA publishes the LBMA Gold Price in US dollars, which serves as a benchmark price for gold producers, investors, consumers, and central banks worldwide. The price of gold is adjusted in real-time based on financial evaluations of anonymous auction rounds run every 45 seconds. When all buy and sell orders and imbalances are within 20,000 troy ounces, the price is fixed.