Gold remains a treasured cultural emblem and a popular investment choice in India. As of February 2, 2026, notable price differences were observed for 22K and 24K gold between Dubai and major Indian cities such as Kolkata, Mumbai, and New Delhi. These variations are largely influenced by factors including currency exchange rate fluctuations, local demand trends, taxation regulations, and import duties.
| City | 24 Karat (₹) | 22 Karat (₹) |
| New Delhi | 1,45,470 | 1,33,348 |
| Mumbai | 1,45,720 | 1,33,577 |
| Kolkata | 1,45,530 | 1,33,403 |
Note: Rates are as of 10:20 AM on February 02, 2026. Prices may change based on market fluctuations.
As of February 02, 2026, 1 AED = ₹24.85. 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 | 565.25 | ₹14,046.46 | ₹1,40,465 |
| 22K | 523.25 | ₹13,004.76 | ₹1,30,048 |
Note: Prices reflect Dubai's morning gold rates on February 02, 2026. INR values are calculated using the latest available AED-INR rate.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,45,840 | ₹1,40,465 | ₹5,375 |
| 22K | ₹1,33,687 | ₹1,30,048 | ₹3,639 |
Note: Price differences exclude VAT, import duties, and making charges.
Also Read: Gold, Silver Boom Pushes MCX Shares Up 70% in 5 Months
On February 2, 2026, gold in Dubai was notably cheaper than in India, with 24K gold costing roughly ₹8,980 less and 22K gold about ₹6,937 lower per 10 grams. However, buyers should account for extra expenses such as travel, making charges, and relevant import regulations before purchasing gold abroad.
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: Feb 2, 2026, 10:35 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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