Gold continues to hold deep cultural significance in India and remains a preferred investment asset. As of February 03, 2026, a clear price gap was evident in 22K and 24K gold rates between Dubai and major Indian cities such as Kolkata, Mumbai, and New Delhi. These differences are primarily driven by fluctuations in currency exchange rates, variations in local demand, and differing tax structures and import duty regimes.
| City | 24 Karat (₹) | 22 Karat (₹) |
| New Delhi | 1,47,980 | 1,35,648 |
| Mumbai | 1,48,230 | 1,35,878 |
| Kolkata | 1,48,040 | 1,35,703 |
Note: Rates are as of 10:05 AM on February 03, 2026. Prices may change based on market fluctuations.
As of February 03, 2026, 1 AED = ₹24.49. 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 | 579.00 | ₹14,179.71 | ₹1,41,797.10 |
| 22K | 536.00 | ₹13,126.64 | ₹1,31,266.40 |
Note: Prices reflect Dubai's morning gold rates on February 03, 2026. INR values are calculated using the latest available AED-INR rate.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,48,500 | ₹1,41,797 | ₹6,703 |
| 22K | ₹1,36,125 | ₹1,31,266 | ₹4,859 |
Note: Price differences exclude VAT, import duties, and making charges.
Also Read: Check Gold and Silver Prices on Feb 3, 2026, Across Delhi, Mumbai, and Chennai Here!
On February 2, 2026, gold prices in Dubai were significantly lower than in India, with 24K gold priced approximately ₹6,703 less and 22K gold about ₹4,859 cheaper per 10 grams. However, buyers should consider additional costs, including travel expenses, making charges, and applicable import regulations, before purchasing gold internationally.
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 3, 2026, 10:11 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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