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Gold remains both a cultural treasure and a preferred investment in India. On August 29, 2025, prices for 22K and 24K gold showed a continued gap between Dubai and key Indian cities like Chennai, Kolkata, and Bangalore.
Price variations arise from factors such as exchange rates, local demand, taxes, and import duties.
| City | 24 Carat Gold (per 10gm in ₹) | 22 Carat Gold (per 10gm in ₹) |
| Chennai | 1,02,490 | 93,949 |
| Bangalore | 1,02,280 | 93,757 |
| Kolkata | 1,02,060 | 93,555 |
Note: Rates are as of 9:35 AM on August 29, 2025. Prices may change based on market fluctuations.
As of August 29, 2025, 1 AED = ₹23.79. Based on this rate, Dubai gold prices converted to INR show a pricing advantage over Indian domestic rates.
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10 gram |
| 24K | 410.75 | ₹9,771.04 | ₹97,710.40 |
| 22K | 380.25 | ₹9,042.27 | ₹90,422.70 |
Note: Prices reflect Dubai's morning gold rates on August 29, 2025. INR values calculated using the latest available AED-INR rate.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,02,276.67 | ₹97,710.40 | ₹4,566.27 |
| 22K | ₹93,753.67 | ₹90,422.70 | ₹3,330.97 |
Note: Price differences exclude VAT, import duties, and making charges.
Read More: Top Gold ETFs in India with the Lowest Tracking Error in August 2025.
On August 29, 2025, Dubai gold continued to be cheaper than Indian domestic rates by about ₹4,566.27 for 24K and ₹3,330.97 for 22K per 10 grams. Buyers considering overseas purchases should weigh these differences alongside additional costs like travel, making charges, and import regulations.
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: Aug 29, 2025, 12:25 PM IST
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