Gold holds deep cultural significance and remains a popular investment in India. As of January 5, 2026, prices for 22K and 24K gold show a clear gap between Dubai and major Indian cities such as Chennai, Mumbai, and New Delhi. This difference is influenced by factors like exchange rates, local demand, taxes, and import duties, which often makes buying gold in Dubai more economical for consumers.
| City | 24 Karat (₹) | 22 Karat (₹) |
| New Delhi | 1,37,220 | 1,25,657 |
| Mumbai | 1,37,320 | 1,25,877 |
| Kolkata | 1,37,140 | 1,25,712 |
Note: Rates are as of 10:10 AM on January 5, 2026. Prices may change based on market fluctuations.
As of January 5, 2026, 1 AED = ₹24.50. 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 | 529.50 | ₹12,972.75 | ₹1,29,727.50 |
| 22K | 490.00 | ₹12,005.00 | ₹1,20,050.00 |
Note: Prices reflect Dubai's morning gold rates on January 5, 2026. INR values are calculated using the latest available AED-INR rate.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,37,710 | ₹1,29,727.50 | ₹7,982.50 |
| 22K | ₹1,26,234 | ₹1,20,050.00 | ₹6,184.00 |
Note: Price differences exclude VAT, import duties, and making charges.
Also Read: Key Triggers to Watch During Jan 5-9, 2026: US Labour Market Data, Q3 Earnings, and Others
On January 5, 2026, gold prices in Dubai were lower than in India, with 24K gold costing roughly ₹7,982.50 less and 22K gold about ₹6,184.00 cheaper per 10 grams. Those planning to buy gold abroad should weigh these savings against possible extra expenses, such as 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 5, 2026, 10:22 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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