Gold prices in Dubai experience regular fluctuations influenced by global economic conditions, movements in international bullion markets, shifts in currency exchange rates, and regional supply-and-demand dynamics. Regarded both as a reliable safe-haven investment and a culturally significant asset, gold continues to witness strong demand, particularly among Indian buyers who closely monitor daily price trends before making purchasing decisions.
Presented below are the latest gold rates in Dubai as of February 23, 2026, along with approximate conversions into Indian rupees and a brief comparison with prevailing gold prices in India.
| Type | Morning (AED/g) | Yesterday (AED/g) |
| 24 Carat | 622.50 | 615.25 |
| 22 Carat | 576.50 | 569.75 |
| 21 Carat | 552.75 | 546.25 |
| 18 Carat | 473.75 | 468.25 |
Note: The above prices are as of the morning session on February 23, 2026, and are subject to change based on market fluctuations.
Using an exchange rate of 1 AED = ₹24.64 on February 23, 2026, the approximate cost of 10 grams of gold in INR is:
| Type | Price in AED (10g) | Price in ₹ (10g) |
| 24 Carat | 6,225.00 | ₹1,53,384.00 |
| 22 Carat | 5,765.00 | ₹1,42,049.60 |
| 21 Carat | 5,527.50 | ₹1,36,197.60 |
| 18 Carat | 4,737.50 | ₹1,16,732.00 |
Note: The above prices are based on the morning session on February 23, 2026, and are subject to market fluctuations.
On February 23, 2026, gold prices in major Indian cities were higher. As of 09:40 AM, 24K gold in Chennai is trading around ₹1,60,270 per 10 grams and 22K gold at ₹1,46,914 per 10 grams.
Also Read: Best Gold Mutual Funds in India for Feb 2026: DSP World Gold, UTI Gold ETF & More Based on 3Y CAGR
As of February 23, 2026, gold prices in Dubai have remained relatively stable, with 24-carat gold priced at AED 622.50 per gram. This steady pricing reflects a balanced interplay between global demand dynamics, currency exchange rate movements, and prevailing market sentiment within the regional bullion industry.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 23, 2026, 9:47 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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