Used Gold Selling Prices Today
Shop Buyback Rates, Thursday 30/07/2026
How much will a shop pay for your used gold? Shops buy at metal value only, typically about 2% below the live global price. The table and estimator below give you a realistic figure before you visit the souq.
Last updated: 3 minutes ago
Important Before You Sell
Shops pay for the gold weight and karat only. The making charge you paid at purchase and the 15% VAT are never refunded, no matter how new the piece is.
Shop Buyback Price per Gram of Used Gold by Karat
| Karat | Approx. buyback (AED/gram) |
|---|---|
| 24K | 472.06 |
| 22K | 432.72 |
| 21K | 413.05 |
| 18K | 354.04 |
Indicative rates computed at a 2% discount to the live global price; actual offers vary slightly between shops.
Estimate Your Gold's Value Before Selling
- Metal value today
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- Expected approximate payout (AED)
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- Difference vs original purchase price
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Gold Price FAQ
Why is the shop's buying price lower than the advertised selling price?
Because shops buy at metal value only, at a discount of about 2% below the live global price to cover their costs and recycling margin — and they pay nothing for the making charge or VAT you paid when buying.
Do I need the original invoice to sell gold?
An invoice is not always mandatory, but it makes selling much easier: it proves weight, karat and origin, and some shops require it or offer a better price with it. A hallmark on the piece is essential in all cases.
Where can I sell my gold safely?
Sell at licensed shops in established gold souqs, ask to have your pieces weighed in front of you on a calibrated scale, and compare offers from several shops on the same day since the price moves minute by minute. Avoid selling to unlicensed individuals or parties.
Does a broken or old piece fetch a lower price?
Not significantly. Shops pay for gold weight and karat regardless of condition, since pieces are usually melted down. Broken pieces sell for roughly the same as intact ones of equal weight and karat.