{"id":20278,"date":"2026-10-05T05:44:51","date_gmt":"2026-10-05T04:44:51","guid":{"rendered":"https:\/\/metalsradar.com\/glossary\/bullion\/"},"modified":"2026-10-05T07:46:56","modified_gmt":"2026-10-05T06:46:56","slug":"bullion","status":"publish","type":"page","link":"https:\/\/metalsradar.com\/ae\/glossary\/bullion\/","title":{"rendered":"Bullion"},"content":{"rendered":"<div class=\"mrf-gl\"><p class=\"gl-def\">Bullion is gold, silver or platinum valued by its weight and purity rather than by design or rarity. It comes as bars and bullion coins priced close to the spot price.<\/p><aside class=\"panel gl-live\"><p class=\"gl-live-h\">\ud83c\udde6\ud83c\uddea Today in the UAE<\/p><div class=\"gl-row\"><span>Gold, 1 troy ounce (spot)<\/span><b>15,279 AED<\/b><\/div><div class=\"gl-row\"><span>Cheapest 1 oz gold coin: <a href=\"https:\/\/metalsradar.com\/ae\/product\/1-oz-krugerrand-gold-coin\/\">1 oz Krugerrand Gold Coin<\/a><\/span><b>16,115.59 AED<\/b> <small>+5.5% premium<\/small><\/div><p class=\"gl-src\">Data as of 05.10.2026, updated daily.<\/p><a class=\"btn primary\" href=\"https:\/\/metalsradar.com\/ae\/cheapest-gold-coins\/\">Compare gold coin prices \u203a<\/a><\/aside><div class=\"gl-body\"><h2>What counts as bullion<\/h2>\n<p>Bullion is metal you buy for the metal. Its price follows the <a href=\"spot-price}}\">spot price<\/a> plus a margin, and a dealer will buy it back on the same basis. Three features set it apart:<\/p>\n<ul>\n<li><strong>High purity:<\/strong> usually 999 or 999.9 for gold, 999 for silver.<\/li>\n<li><strong>Standard weights:<\/strong> grams, tola, troy ounces or kilograms.<\/li>\n<li><strong>Recognised maker:<\/strong> a refinery or mint that buyers trust, ideally on a Good Delivery list.<\/li>\n<\/ul>\n<h2>Popular bullion in the UAE<\/h2>\n<p>Dubai's market grew around bars rather than national coins, and the range on dealer shelves reflects that.<\/p>\n<table>\n<thead><tr><th>Product<\/th><th>Weight<\/th><th>Who buys it<\/th><\/tr><\/thead>\n<tbody>\n<tr><td>Small minted bars<\/td><td>1 g to 100 g<\/td><td>Gifts, regular savers<\/td><\/tr>\n<tr><td>Tola bars<\/td><td>1 tola (11.66 g), 5 tola<\/td><td>Buyers who price in tola<\/td><\/tr>\n<tr><td>TT bar<\/td><td>10 tola (116.64 g)<\/td><td>The classic Gulf savings bar<\/td><\/tr>\n<tr><td>Kilobar<\/td><td>1 kg (32.15 oz)<\/td><td>Larger investors, traders<\/td><\/tr>\n<tr><td>Gold coins<\/td><td>1 oz and fractions<\/td><td>Buyers who want global recognition<\/td><\/tr>\n<tr><td>Silver coins and bars<\/td><td>1 oz to 1 kg<\/td><td>Smaller budgets<\/td><\/tr>\n<\/tbody>\n<\/table>\n<p>Among coins, UAE dealers mostly stock international issues: Britannia, Maple Leaf, Krugerrand, American Eagle and China Panda in gold, and Kangaroo or Vienna Philharmonic in silver. You can see them side by side in our <a href=\"\/ae\/categories\/gold-investment\/\">investment gold listings in AED<\/a> and <a href=\"\/ae\/categories\/silver-investment\/\">investment silver listings<\/a>.<\/p>\n<h2>Bars or coins: what to weigh up<\/h2>\n<p>Bars usually carry a lower margin per gram, especially the larger sizes. Coins cost a little more to make but are recognised everywhere, which helps if you might sell abroad. One UAE detail tips the balance: only metal of 99% purity or more is zero-rated for VAT, so a 999.9 Britannia is taxed at 0% while a 22 carat Krugerrand attracts 5%. More in <a href=\"investment-gold-tax}}\">VAT on gold in the UAE<\/a>.<\/p>\n<h3>Bullion is not jewellery, and not a collectible<\/h3>\n<p>A 21K necklace contains gold, but its price includes making charges you will not get back. A proof coin in a presentation box is also gold, but part of its price is <a href=\"numismatic}}\">numismatic value<\/a>. If your goal is the lowest cost per gram of gold, stay with plain bars and bullion coins and compare the final price, delivery included, in our <a href=\"\/ae\/cheapest-gold-coins\/\">ranking of the cheapest gold coins<\/a>.<\/p><\/div><h2>Related terms<\/h2><p class=\"gl-chips\"><a class=\"gl-chip\" href=\"https:\/\/metalsradar.com\/ae\/glossary\/troy-ounce\/\">Troy Ounce<\/a> <a class=\"gl-chip\" href=\"https:\/\/metalsradar.com\/ae\/glossary\/vat-on-gold\/\">VAT on Gold in the UAE<\/a> <a class=\"gl-chip\" href=\"https:\/\/metalsradar.com\/ae\/glossary\/numismatic-coins\/\">Numismatic Coins<\/a> <a class=\"gl-chip\" href=\"https:\/\/metalsradar.com\/ae\/glossary\/lbma-good-delivery\/\">LBMA Good Delivery<\/a><\/p><section class=\"mrf-faq\"><h2>FAQ<\/h2><div class=\"faq-list\"><details open><summary><h3>What is a TT bar?<\/h3><\/summary><div class=\"a\"><p>A TT bar is a ten tola gold bar weighing 116.638 grams, usually at 999 fineness, and it is a popular savings bar in the Gulf.<\/p><\/div><\/details><details><summary><h3>Is it better to buy gold bars or coins in Dubai?<\/h3><\/summary><div class=\"a\"><p>Bars usually cost less per gram, while coins are easier to recognise and sell abroad, so the choice depends on size and how you plan to sell.<\/p><\/div><\/details><details><summary><h3>Is bullion taxed in the UAE?<\/h3><\/summary><div class=\"a\"><p>Gold, silver and platinum bullion of 99% purity or more in a bullion market form is zero-rated for VAT, so you pay 0%.<\/p><\/div><\/details><\/div><\/section><details class=\"gl-src-list\"><summary>Sources<\/summary><ul><li><a href=\"https:\/\/tax.gov.ae\/Datafolder\/Files\/Legislation\/Executive%20Regulation%20of%20Federal%20Decree%20Law%20No%208%20of%202017%20-%20Publish%2017112022.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Federal Tax Authority: Executive Regulation of Federal Decree-Law No. 8 of 2017 on VAT (Cabinet Decision No. 52 of 2017)<\/a><\/li><li><a href=\"https:\/\/www.lbma.org.uk\/good-delivery\" rel=\"nofollow noopener\" target=\"_blank\">LBMA: Good Delivery<\/a><\/li><\/ul><\/details><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":0,"featured_media":0,"parent":20238,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"class_list":["post-20278","page","type-page","status-publish","hentry"],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"","author_link":"https:\/\/metalsradar.com\/ae\/"},"comment_info":0,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/pages\/20278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/types\/page"}],"replies":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/comments?post=20278"}],"version-history":[{"count":1,"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/pages\/20278\/revisions"}],"predecessor-version":[{"id":20366,"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/pages\/20278\/revisions\/20366"}],"up":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/pages\/20238"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/ae\/wp-json\/wp\/v2\/media?parent=20278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}