Gold prices in Dubai and India continued to diverge on December 9, 2025, with domestic Indian rates staying higher than UAE prices. The gap remained even after converting Dubai’s gold rates into Indian rupees.
Meanwhile, global bullion hovered near USD 2,600 per ounce. This kept investors focused on broader international cues.
Dubai’s gold market held steady during the day. The 24K gold rate stood at AED 507.25 per gram. With the UAE dirham valued at about ₹24.48 per AED, the equivalent price was roughly ₹12,430 per gram. This kept Dubai’s converted gold rate below Indian levels.
Indian gold prices moved higher in line with firm global trends. The 24K gold rate was quoted at ₹13,043 per gram. The rise was supported by steady domestic demand across major cities. International market cues also contributed to the upward movement.
A direct comparison showed Indian gold prices trading nearly ₹600 per gram higher than Dubai rates after currency conversion. For 24K gold, Dubai’s converted price of ₹12,430 per gram contrasts with India’s ₹13,043 per gram. This gap underscores the price advantage available in UAE markets. The difference remains subject to import rules and applicable duties.
Dubai’s tax-friendly framework and minimal import duties help maintain highly competitive gold prices. Indian gold rates, by contrast, factor in import duty, GST and local making charges, which significantly increase the final consumer price.
These structural cost components consistently widen the price gap between the two markets. As a result, Dubai remains a preferred destination for gold purchases among international buyers.
International gold prices hovered near USD 2,600 per ounce as markets awaited cues from the upcoming Federal Reserve policy meeting. Any signal of prolonged high interest rates could shape bullion trends in the sessions ahead.
For now, global sentiment remains steady. This stability is supporting firm prices across major trading hubs.
Gold prices in India stayed higher than Dubai rates on December 9, 2025, despite largely stable global conditions. The nearly ₹600 per gram gap for 24K gold reflects tax and duty differences between the two markets.
Domestic demand in India remained firm, while Dubai continued to offer more competitive pricing. Global cues are expected to influence short-term price movements in both regions.
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: Dec 9, 2025, 10:42 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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