🇦🇪Platinum Rate in Al Majaz Today
The platinum rate in Al Majaz today is AED164.18 per gram for 18K, based on an international spot price of $1,854.00 per troy ounce. That is down AED1.49 from the previous close. This is the international spot price converted into AED for Al Majaz. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of United Arab Emirates's larger markets, with a population of around 116,503.
Platinum rate in Al Majaz — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | AED218.91 | AED200.67 | AED191.54 | AED164.18 | AED127.70 |
| 1 Troy Ounce (31.1035 g) | AED6,809 | AED6,241 | AED5,958 | AED5,107 | AED3,972 |
| 1 Kilogram (1,000 g) | AED218,908 | AED200,666 | AED191,545 | AED164,181 | AED127,697 |
All figures in AED (Dirham). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Platinum rate in Al Majaz — questions
What is the platinum rate in Al Majaz today?
The platinum rate in Al Majaz today is AED164.18 per gram for 18K, and AED218.91 per gram for 24K. These are live figures converted from international spot at the current AED exchange rate.
What is the price of 1 gram of gold in Al Majaz?
One gram of 24K platinum costs AED218.91 in Al Majaz, and 22K costs AED200.67 per gram. 18K works out at AED164.18.
Why is 22K cheaper than 24K in Al Majaz?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is AED18.24 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Al Majaz different from other cities?
The underlying metal price is identical everywhere in United Arab Emirates — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.