Gold prices in Dubai continue to be influenced by a blend of global demand, currency exchange rates, and local market trends. Renowned for its purity and competitive pricing, Dubai remains a preferred destination for gold purchases, especially among Indian buyers who closely track daily price movements to make informed investment decisions. Below are the latest gold rates in Dubai as of October 16, 2025, along with approximate conversions to Indian Rupees and a comparison with current gold prices in India.
| Gold Type | Morning (AED/g) | Yesterday (AED/g) |
| 24 Carat | 509.25 | 505.75 |
| 22 Carat | 471.50 | 468.25 |
| 21 Carat | 452.00 | 449.00 |
| 18 Carat | 387.50 | 384.75 |
Note: The above prices are as of the morning session on October 16, 2025, and are subject to change based on market fluctuations.
Using an exchange rate of 1 AED = ₹23.85 on October 16, 2025, the approximate cost of 10 grams of gold in INR is:
| Type | Price in AED (10g) | Price in ₹ (10g) |
| 24 Carat | 5,092.25 | ₹1,21,414.09 |
| 22 Carat | 4,715.00 | ₹1,12,418.00 |
| 21 Carat | 4,520.00 | ₹1,07,802.00 |
| 18 Carat | 3,875.00 | ₹92,298.75 |
Note: The above prices are based on the morning session on October 16, 2025, and are subject to market fluctuations.
On October 16, 2025, gold prices in major Indian cities were higher. As of 9:45 AM, 24K gold in Chennai is trading around ₹1,28,320 per 10 grams and 22K gold at ₹1,17,6275 per 10 grams.
Also Read: Why India Is Facing a Severe Silver Shortage Ahead of Diwali?
As of October 16, 2025, gold prices in Dubai have remained stable compared to the previous trading session, with 24K gold priced at AED 509.25 per gram. When converted to Indian Rupees (INR), these rates are either slightly higher or closely aligned with gold prices across major Indian cities. This pricing stability highlights the impact of multiple factors, including currency fluctuations, global market trends, and regional demand dynamics.
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: Oct 16, 2025, 9:54 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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