Gold remains both a cultural treasure and a preferred investment in India. On January 12, 2026, prices for 22K and 24K gold showed a continued gap between Dubai and key Indian cities like Chennai, Mumbai, and New Delhi.
Price variations arise from factors such as exchange rates, local demand, taxes, and import duties.
| City | 24K Gold (₹/10g) | 22K Gold (₹/10g) |
| New Delhi | ₹1,40,780 | ₹1,29,048 |
| Mumbai | ₹1,41,030 | ₹1,29,278 |
| Kolkata | ₹1,40,840 | ₹1,29,103 |
| Chennai | ₹1,41,440 | ₹1,29,653 |
Note: Rates are as of 9:35 AM on January 12, 2026. Prices may change based on market fluctuations.
As of January 12, 2026, 1 AED = ₹24.51. 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 | 550.25 | ₹13,484.63 | ₹1,34,846.30 |
| 22K | 509.50 | ₹12,486.85 | ₹1,24,868.50 |
Note: Prices reflect Dubai's morning gold rates on January 12, 2026. INR values are calculated using the latest available AED-INR rate.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,41,022.50 | ₹1,34,846.30 | ₹6,176.20 |
| 22K | ₹1,29,270.50 | ₹1,24,868.50 | ₹4,402.00 |
Note: Price differences exclude VAT, import duties, and making charges.
Read More: Check Gold and Silver Prices on Jan 12, 2025, Across Delhi, Mumbai, and Bangalore Here!
On January 12, 2026, Dubai gold continued to be cheaper than Indian domestic rates by about ₹6,176 for 24K and ₹4,402 for 22K per 10 grams. Buyers considering overseas purchases should weigh these differences alongside additional costs like travel, making charges, and import regulations.
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: Jan 12, 2026, 10:56 AM IST
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