Gold continues to hold a special place in Indian households both as a cultural asset and a preferred investment tool. On August 8, 2025, prices for 22K and 24K gold showed noticeable differences across cities like Chennai, Mumbai, and New Delhi, as well as in Dubai.
Price fluctuations can be attributed to various factors, including exchange rates, local demand, taxes, and import duties.
| City | 24K Gold (10g) | 22K Gold (10g) |
| Chennai | ₹102,380 | ₹93,848 |
| Mumbai | ₹102,080 | ₹93,573 |
| New Delhi | ₹101,900 | ₹93,408 |
Note: Rates are as of 9:15 AM on August 8, 2025. Prices may change based on market fluctuations.
As of August 8, 2025, 1 AED equals ₹23.86 as per the exchange rate. Based on this rate, Dubai gold prices converted to INR show a continued pricing advantage compared to Indian domestic rates.
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10 gram |
| 24K | 408.00 | ₹10,218 | ₹102,180 |
| 22K | 377.75 | ₹9,367 | ₹93,665 |
Note: Prices reflect Dubai's morning gold rates on August 8, 2025.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference (₹) |
| 24K | ₹102,180 | ₹97,324.88 | ₹4,855.12 |
| 22K | ₹93,665 | ₹90,161.88 | ₹3,503.12 |
Note: Price differences exclude VAT, import duties, and making charges.
The gold price comparison on August 8, 2025, highlights that Dubai continues to offer a cost advantage over Indian domestic rates for both 22K and 24K gold. This price gap, ₹4,855.12 for 24K and ₹3,503.12 for 22K, can be attributed to factors such as lower import duties, favorable tax structures, and global market pricing in the UAE.
However, before making a purchase decision, it’s essential to factor in additional costs like travel expenses, customs duties on bringing gold into India, and exchange rate fluctuations.
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 8, 2025, 9:44 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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