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Gold Rate: India vs Dubai Gold Prices on March 4, 2026

Written by: Neha DubeyUpdated on: 4 Mar 2026, 6:18 pm IST
Gold prices on March 4, 2026, remain higher in Indian cities compared to Dubai after currency conversion, reflecting tax and duty structures.
India Dubai Gold Prices on March 4, 2026
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Gold prices continue to witness variation between Indian markets and Dubai, largely due to customs duty, GST, currency exchange movements and local demand trends. Investors and consumers closely monitor these differences, particularly when comparing domestic bullion rates with international benchmarks.

On March 4, 2026, gold prices across Chennai, Hyderabad and Mumbai were above Dubai rates when converted into Indian rupees, despite steady morning bullion prices in the UAE market.

24K And 22K Gold Rate In Indian Cities On March 4, 2026

City24K Gold (10g)22K Gold (10g)
Chennai₹163,550₹149,921
Hyderabad₹163,330₹149,719
Mumbai₹163,070₹149,481

Note: Rates updated at 12:20 PM on March 4, 2026. Prices may change during the day.

Dubai Gold Rate In INR On March 4, 2026

The AED–INR exchange rate on March 4, 2026, stood at ₹25.05, meaning 1 AED equalled ₹25.05.

Based on live morning gold prices in Dubai, the converted rates are as follows:

PurityDubai Price (AED/gram)INR/gramINR/10 gram
24K621.25₹15,562₹155,620
22K575.25₹14,408₹144,080

Note: INR values are approximate and calculated using the prevailing exchange rate. Dubai rates reflect morning prices on March 4, 2026.

Gold Price Difference Between Dubai and Indian Cities on March 4, 2026

KaratIndia Avg (10g)Dubai (10g)Price Difference
24K₹163,317₹155,620₹7,697
22K₹149,707₹144,080₹5,627

Read More: SEBI Mandates Domestic Spot Pricing for Gold and Silver ETFs from April 1, 2026.

Conclusion

As of March 4, 2026, gold prices in Chennai, Hyderabad and Mumbai remain above Dubai rates by roughly ₹5,400 to ₹7,900 per 10 grams, depending on purity. The difference continues to reflect taxation, import duties and currency conversion factors applicable in the Indian market.

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: Mar 4, 2026, 12:30 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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