Gold Rate: Dubai vs India Gold Prices on May 12, 2026

Gold remains both a cultural treasure and a preferred investment in India. On May 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.
22K and 24K Gold Rate in India on May 12, 2026
| City | 24 Karat (₹) | 22 Karat (₹) |
| New Delhi | ₹1,53,840 | ₹1,41,020 |
| Kolkata | ₹1,53,900 | ₹1,41,075 |
| Chennai | ₹1,54,550 | ₹1,41,671 |
Note: Rates are as of 9:35 AM on May 12, 2026. Prices may change based on market fluctuations.
Dubai Gold Rate in INR on May 12, 2026
As of May 12, 2026, 1 AED = ₹25.92. Based on this rate, Dubai gold prices converted to INR show a pricing advantage over Indian domestic rates.
| Purity | Dubai Price (AED/gram) | Approx. INR/gram | Approx. INR/10 gram |
| 24K | 567.50 | ₹14,709.60 | ₹1,47,096 |
| 22K | 525.50 | ₹13,621.00 | ₹1,36,210 |
Note: Prices reflect Dubai's morning gold rates on May 12, 2026. INR values are calculated using the latest available AED-INR rate.
Gold Price Difference Between Dubai and India on May 12, 2026
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,54,550 | ₹1,47,096 | ₹7,454 |
| 22K | ₹1,41,670 | ₹1,36,210 | ₹5,460 |
Note: Price differences exclude VAT, import duties, and making charges.
Read more: NSE Launched Electronic Gold Receipts: How Much Gold Can You Buy?
Conclusion
On May 12, 2026, Dubai gold continued to be cheaper than Indian domestic rates by about ₹7,454 for 24K and ₹5,460 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 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: May 12, 2026, 11:20 AM IST

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