Gold continues to carry strong cultural importance in India and remains a favoured investment option. As of February 04, 2026, a noticeable price gap existed for 22K and 24K gold between Dubai and key Indian cities, including Kolkata, Mumbai, and New Delhi. These differences are largely influenced by currency exchange rate movements, local demand variations, and differences in taxes and import duties.
| City | 24 Karat (₹) | 22 Karat (₹) |
| New Delhi | 1,59,210 | 1,45,943 |
| Mumbai | 1,59,480 | 1,46,190 |
| Kolkata | 1,59,270 | 1,45,998 |
Note: Rates are as of 09:45 AM on February 04, 2026. Prices may change based on market fluctuations.
As of February 04, 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 | 608.75 | ₹14,900 | ₹1,49,000 |
| 22K | 563.75 | ₹13,803 | ₹1,38,030 |
Note: Prices reflect Dubai's morning gold rates on February 04, 2026. INR values are calculated using the latest available AED-INR rate.
Gold Price Difference Between Dubai and India on February 04, 2026
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,59,620 | ₹1,49,000 | ₹10,620 |
| 22K | ₹1,46,318 | ₹1,38,030 | ₹8,288 |
Note: Price differences exclude VAT, import duties, and making charges.
Also Read: Check Gold and Silver Prices on Feb 4, 2026, Across Delhi, Mumbai, and Bangalore Here!
On February 04, 2026, gold in Dubai was considerably cheaper than in India, with 24K gold costing around ₹10,620 less and 22K gold about ₹8,288 lower per 10 grams. However, potential buyers should account for additional expenses, such as travel costs, making charges, and applicable import regulations, before opting for international purchases.
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 4, 2026, 9:58 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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