Gold Rate: Dubai vs India Gold Prices on January 2, 2026

Written by: Sachin GuptaUpdated on: 2 Jan 2026, 3:56 pm IST

On January 2, 2026, gold prices showed significant differences between Dubai and major Indian cities.

Gold carries strong cultural and investment importance in India. As of January 2, 2026, the prices of 22K and 24K gold highlight a noticeable difference between Dubai and major Indian cities like Chennai, Mumbai, and New Delhi. This variation is driven by factors such as currency exchange rates, local demand, taxes, and import duties, often making gold purchases in Dubai relatively more cost-effective for buyers.

22K and 24K Gold Rate in India on January 2, 2026

City	24 Karat (₹)	22 Karat (₹)
New Delhi	1,36,440	1,25,070
Mumbai	1,36,680	1,25,290
Kolkata	1,36,500	1,25,125

Note: Rates are as of 10:15 AM on January 2, 2026. Prices may change based on market fluctuations.

Dubai Gold Rate in INR on January 2, 2026

As of January 2, 2026, 1 AED = ₹24.43. 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 grams
24K	524.00	₹12,795.32	₹1,27,953.20
22K	485.25	₹11,852.58	₹1,18,525.80

Note: Prices reflect Dubai's morning gold rates on January 2, 2026. INR values are calculated using the latest available AED-INR rate.

Gold Price Difference Between Dubai and India on January 2, 2026

Karat	India Avg (10g)	Dubai (10g)	Price Difference
24K	₹1,37,000	₹1,27,953.20	₹9,046.80
22K	₹1,25,583	₹1,18,525.80	₹7,057.20

Note: Price differences exclude VAT, import duties, and making charges.

Also Read: Dubai Gold Rate: What Is the Price of 22K and 24K Gold in Dubai Today, January 2, 2026?

Conclusion

On January 2, 2026, gold prices in Dubai were lower than in India, with 24K gold approximately ₹9,046.80 less and 22K gold around ₹7,057.20 cheaper per 10 grams. Buyers looking to purchase gold abroad should consider these savings alongside potential additional costs, including 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 2, 2026, 10:24 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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