
On January 9, 2026, gold prices showed a clear price gap between Dubai and major Indian cities. While domestic gold rates in India edged higher across purity categories, Dubai continued to offer comparatively lower prices, supported by favourable tax structures and currency conversion benefits.
Gold remains deeply ingrained in Indian culture and is also a preferred hedge against inflation. However, differences in import duties, GST, exchange rates, and local demand often lead to noticeable price variations between India and international markets such as Dubai.
| City | 24 Karat (₹/10g) | 22 Karat (₹/10g) |
| Chennai | ₹1,39,640 | ₹1,28,000 |
| Mumbai | ₹1,38,710 | ₹1,27,150 |
| New Delhi | ₹1,38,860 | ₹1,27,300 |
| Kolkata | ₹1,38,710 | ₹1,27,150 |
Note: Rates are as of 10:53 AM on January 9, 2026. Prices may change based on market movements.
Based on prevailing conversion rates, Dubai gold prices converted into Indian rupees continue to remain lower than domestic prices in India.
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10 grams |
| 24K | 536.50 | ₹13,151 | ₹1,31,511 |
| 22K | 496.75 | ₹12,177 | ₹1,21,767 |
Note: Prices reflect Dubai’s morning gold rates on January 9, 2026. INR values are indicative and exclude GST, VAT, import duties, and making charges.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,38,920 | ₹1,31,511 | ₹7,409 |
| 22K | ₹1,27,400 | ₹1,21,767 | ₹5,633 |
Note: Price differences do not include travel costs, import duty, VAT, or jewellery-making charges.
Also Read: Best Gold Mutual Funds in India for Jan 2026!
As of January 9, 2026, gold prices in Dubai remained notably cheaper than in India. The price gap stood at around ₹7,400 per 10 grams for 24K gold and nearly ₹5,600 for 22K gold. While Dubai continues to be an attractive destination for gold buyers, Indian consumers should carefully factor in import rules, customs duty, travel expenses, and making charges before purchasing gold overseas.
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 9, 2026, 11:49 AM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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