Gold remains a widely followed asset class, and pricing differences between Indian metros and Dubai reflect a combination of currency exchange rates, import duties, and local taxes. On August 1, 2025, 22K and 24K gold rates in Dubai offered a relatively lower base price when converted to INR.
City | 24K Gold (10g) | 22K Gold (10g) |
Chennai | ₹98,700 | ₹90,475 |
Mumbai | ₹98,410 | ₹90,209 |
New Delhi | ₹98,240 | ₹90,053 |
Note: Rates as of 10:00 AM IST on August 1, 2025. Prices may change throughout the day.
The AED to INR exchange rate on August 1, 2025, stood at ₹23.62. Based on this rate, the morning prices of gold in Dubai when converted to Indian Rupees are as follows:
Purity | Dubai Price (AED/gram) | INR/gram | INR/10 gram |
24K | 397.50 | ₹9,387 | ₹93,870 |
22K | 368.25 | ₹8,701 | ₹87,010 |
Note: INR values are approximate and based on morning rates. Actual retail prices may vary depending on seller margins and currency movement.
Read More: Affordable Gold? 9K Jewellery Gains Popularity Amid Soaring Prices.
Karat | India Avg (10g) | Dubai (10g) | Price Difference |
24K | ₹98,450 | ₹93,870 | ₹4,580 |
22K | ₹90,246 | ₹87,010 | ₹3,236 |
Note: Price difference calculations exclude GST, making charges, and customs duties.
As of August 1, 2025, Dubai gold remains ₹3,200 to ₹4,600 cheaper per 10 grams than Indian average prices. However, actual savings depend on total cost after duties, currency conversion, and local taxes. Buyers should factor in these costs before making gold purchases.
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.
Published on: Aug 1, 2025, 10:22 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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