Gold Rate: India vs Dubai Gold Prices on December 29, 2025

Gold prices showed a mixed trend on Monday, December 29, 2025, with rates easing slightly in India while remaining comparatively lower in the UAE. Silver, however, outperformed gold with sharp gains across major Indian cities, reflecting strong industrial demand and festive buying interest.

Gold and Silver Prices in India

In India, gold prices declined marginally across major cities. As of 10:40 AM IST, 24-carat gold was trading around ₹1,40,070 per 10 grams, down ₹240 or 0.17%. Similarly, 22-carat gold saw a mild dip in line with broader bullion trends. Hyderabad recorded 24-carat gold at ₹1,40,030 per 10 grams, while New Delhi quoted ₹1,39,570. Chennai reported the highest among metros at ₹1,40,220 per 10 grams.

Silver prices, in contrast, surged sharply. In India, silver traded near ₹2,47,570 per kg, up ₹6,540 or 2.71%. Similar gains were seen across Hyderabad, New Delhi, and Chennai, supported by industrial demand and supply tightness.

UAE Gold Rates Remain Attractive

Gold prices in the UAE remained significantly lower than Indian rates, making Dubai an attractive destination for gold buyers. As per live updates on December 29, 2025, 24-carat gold in the UAE was priced at AED 542.75 per gram, down from AED 546.25 the previous day.

Meanwhile, 22-carat gold stood at AED 502.50 per gram, while 21-carat and 18-carat gold were quoted at AED 481.75 and AED 413.00 respectively. The price difference continues to attract Indian buyers, especially travellers and bulk purchasers, given Dubai’s lower taxes and making charges.

India vs Dubai: Price Comparison

Despite the slight correction, gold prices in India remain higher than Dubai due to import duties, GST, and local levies. The price gap becomes more pronounced for higher-purity gold, reinforcing Dubai’s reputation as a global gold trading hub.

Also Read: Gold Shines in 2025: Prices Jump 60–70%!

Conclusion

On December 29, 2025, gold prices dipped marginally in India while UAE rates stayed relatively cheaper, highlighting Dubai’s cost advantage. Silver’s sharp rally stood out, signalling stronger demand momentum in the bullion 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 private 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.