Gold prices in Dubai keep changing, driven by global economic factors, shifts in international bullion markets, currency exchange rates, and the balance of regional demand and supply. Gold is highly valued both as a reliable safe-haven investment and a culturally important asset, maintaining strong demand—especially among Indian buyers who carefully track daily price fluctuations before buying.
Below is the most recent update on Dubai gold rates as of January 2, 2026, including approximate conversions to Indian rupees, along with a brief comparison to the current gold prices in India.
| Type | Morning (Price in AED (g)) | Yesterday (Price in AED (g)) |
| 24 Carat | 524.00 | 520.25 |
| 22 Carat | 485.25 | 481.75 |
| 21 Carat | 465.25 | 462.00 |
| 18 Carat | 398.75 | 396.00 |
Note: The above prices are as of the morning session on January 2, 2026, and are subject to change based on market fluctuations.
Using an exchange rate of 1 AED = ₹24.43 on January 2, 2026, the approximate cost of 10 grams of gold in INR is:
| Type | Price in AED (10g) | Price in ₹ (10g) |
| 24 Carat | 5,240.00 | ₹128,013.20 |
| 22 Carat | 4,852.50 | ₹118,546.58 |
| 21 Carat | 4,652.50 | ₹113,650.58 |
| 18 Carat | 3,987.50 | ₹97,414.63 |
Note: The above prices are based on the morning session on January 2, 2026, and are subject to market fluctuations.
On January 2, 2026, gold prices in major Indian cities were higher. As of 10:05 AM, 24K gold in Chennai is trading around ₹1,37,040 per 10 grams and 22K gold at ₹1,25,620 per 10 grams.
Also Read: Best Gold Mutual Funds in India for Jan 2026: DSP World Gold, SBI Gold Fund & More Based on 3Y CAGR
As of January 2, 2026, gold prices in Dubai have stayed fairly steady, with 24-carat gold priced at AED 524 per gram. This price stability reflects a balanced interaction of global demand, currency exchange fluctuations, and the prevailing sentiment in the regional bullion market.
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: Jan 2, 2026, 10:08 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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