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Gold Rate: Dubai vs India Gold Prices on August 18, 2026

Written by: Team Angel OneUpdated on: 18 Aug 2026, 4:21 pm IST
Gold prices in India were higher than Dubai on August 18, with the 24K rate showing a gap of ₹17,062.70 per 10 grams.
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Gold prices were different across Indian cities on August 18, with Chennai recording the highest 24K rate among the cities listed. Dubai continued to offer lower quoted rates for both 22K and 24K gold. 

The difference is not simply down to the gold price itself. Currency rates, local demand, taxes, import duties and other costs can all affect what buyers pay in the two markets. 

22K and 24K Gold Rate in India on August 18, 2026 

City 24 Carat Gold (Per 10 Gm in Rs.) 

22 Carat Gold (Per 10 Gm in Rs.) 

  

Chennai ₹1,55,440.00 ₹1,42,487.00 
New Delhi ₹1,54,720.00 ₹1,41,827.00 
Mumbai ₹1,54,990.00 ₹1,42,074.00 
Bangalore ₹1,55,110.00 ₹1,42,184.00 
Hyderabad ₹1,55,240.00 ₹1,42,303.00 

Note: The above rates were recorded at 9:30 AM on August 18, 2026. Gold prices can change as market conditions move during the day. 

Dubai Gold Rate in INR on August 18, 2026 

Gold Type Dubai Rate (AED/10 gram) 

INR Rate (Per 10 gm) 

  

24 Carat AED 5,307.50 ₹1,38,207.30 
22 Carat AED 4,915.00 ₹1,27,986.60 
21 Carat AED 4,712.50 ₹1,22,713.50 
18 Carat AED 4,040.00 ₹1,05,201.60 
14 Carat AED 3,096.00 ₹80,619.84 

Note: The exchange rate used was 1 AED = ₹26.04 at 9:30 AM on August 18, 2026. 

Gold Price Difference Between Dubai and India on August 18, 2026 

Karat India Avg (10g) Dubai (10g) 

Price Difference 

  

24K ₹1,55,270.00 ₹1,38,207.30 ₹17,062.70 
22K ₹1,42,331.00 ₹1,27,986.60 ₹14,344.40 
18K ₹1,16,453.00 ₹1,05,201.60 ₹11,251.40 

Note: These figures do not take VAT, import duties or making charges into account. 

Read more: LG Electronics India Share Price Gains Over 8% After Q1 FY27 Earnings Results: Total Income Up 15.6% YoY! 

Conclusion 

There was a noticeable difference between the quoted gold rates in India and Dubai on August 18. For 10 grams, 24K gold was ₹17,062.70 cheaper in Dubai, while the difference for 22K gold was ₹14,344.40. That gap alone, however, does not tell the whole story for someone planning to buy gold abroad. Travel expenses, making charges, taxes and applicable import rules also need to be considered. 

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 or 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 related documents carefully before investing.

Published on: Aug 18, 2026, 10:51 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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