Gold remains both a cultural treasure and a preferred investment in India. On July 1, 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 | 24 Carat Gold (Per 10 Gm in ₹) | 22 Carat Gold (Per 10 Gm in ₹) |
| Chennai | 1,41,860.00 | 1,30,038.00 |
| New Delhi | 1,41,210.00 | 1,29,443.00 |
| Mumbai | 1,41,590.00 | 1,29,791.00 |
| Bangalore | 1,41,560.00 | 1,29,763.00 |
| Hyderabad | 1,41,820.00 | 1,30,002.00 |
Note: Rates are as of 9:30 AM on July 1, 2026. Prices may change based on market fluctuations.
| Gold Type | Dubai Rate (AED/10 gram) | INR Rate (Per 10 gm) |
| 24 Carat | AED 4,815.00 | ₹1,24,034.40 |
| 22 Carat | AED 4,460.00 | ₹1,14,889.60 |
| 21 Carat | AED 4,275.00 | ₹1,10,124.00 |
| 18 Carat | AED 3,665.00 | ₹94,410.40 |
| 14 Carat | AED 2,808.80 | ₹72,354.69 |
Note: As of July 1, 2026, 1 AED = ₹25.76 at 9:30 AM.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,41,850.00 | ₹1,24,034.40 | ₹17,815.60 |
| 22K | ₹1,30,029.00 | ₹1,14,889.60 | ₹15,139.40 |
| 18K | ₹1,06,388.00 | ₹94,410.40 | ₹11,977.60 |
Note: Price differences exclude VAT, import duties, and making charges.
Read more: Gold Falls Over 12% in June 2026, Set for Biggest Monthly Decline Since October 2008!
On July 1, 2026, Dubai gold continued to be cheaper than Indian domestic rates by about ₹17,815 for 24K and ₹15,139 for 22K per 10 grams. Buyers considering overseas purchases should weigh these differences alongside additional costs like travel, making charges, and import regulations.
For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.
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 or 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 related documents carefully before investing.
Published on: Jul 1, 2026, 9:40 AM IST
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