
Gold prices continue to draw attention from buyers and investors, with variations between Dubai and Indian markets influenced by exchange rates, import duties, taxes, and local market dynamics.
On December 23, 2025, gold prices in India remained higher than Dubai prices when converted into Indian rupees, despite firm bullion rates in the UAE market.
| City | 24K Gold (10g) | 22K Gold (10g) |
| Chennai | ₹138,570 | ₹127,023 |
| Mumbai | ₹138,170 | ₹126,656 |
| New Delhi | ₹137,930 | ₹126,436 |
Note: Rates as of 10:25 AM IST on December 23, 2025. Prices may change during the day.
The AED to INR exchange rate on December 23, 2025, stood at ₹24.37, meaning 1 AED equalled ₹24.37. Based on this rate, Dubai’s morning gold prices converted into Indian rupees are as follows:
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10 gram |
| 24K | 540.25 | ₹13,167 | ₹131,670 |
| 22K | 500.25 | ₹12,193 | ₹121,930 |
| 21K | 479.75 | ₹11,689 | ₹116,890 |
| 18K | 411.25 | ₹10,025 | ₹100,250 |
| 14K | 320.75 | ₹7,818 | ₹78,180 |
Note: INR values are approximate and based on the prevailing AED–INR exchange rate.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹138,223 | ₹131,670 | ₹6,553 |
| 22K | ₹126,705 | ₹121,930 | ₹4,775 |
Note: The price difference does not include GST, customs duty, making charges, or other incidental costs.
Read More: Wedding Buyers Shift Toward 22, 18 and 14 Karat Gold as Diamonds Lose Appeal.
As of December 23, 2025, gold prices in Dubai remain lower than those in major Indian cities by approximately ₹4,700–₹6,600 per 10 grams, depending on purity. The price gap continues to reflect taxes and duties applicable in India, even as global gold prices remain steady.
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: Dec 23, 2025, 1:28 PM 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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