
Gold and silver prices witnessed a mild correction on February 26, 2026, in both India and the UAE amid global price movements and early trade profit booking. While domestic bullion rates declined marginally, Dubai gold prices also reflected a softer trend compared to the previous session.
Gold prices in India stood at ₹1,61,060 per 10 grams on Thursday, February 26, 2026, as of 10:40 AM (IST), registering a decline of ₹500 or 0.31% compared to the previous session.
Silver prices also witnessed a sharper fall, trading at ₹2,66,660 per kilogram, down ₹2,910 or 1.08%. The decline in both precious metals reflects mild profit booking and global price movements during early trade.
Gold prices in the UAE on February 26, 2026, showed a decline compared to the previous day. As per the latest update, 24 Carat gold was priced at AED 624.75 per gram, down from AED 628.25 yesterday.
Similarly, 22 Carat gold stood at AED 578.50 per gram versus AED 581.75 previously, while 21 Carat was quoted at AED 554.75 compared to AED 557.75.
The 18 Carat rate eased to AED 475.50 from AED 478.25, and 14 Carat gold was priced at AED 370.75 per gram, lower than AED 373.00 in the prior session, reflecting a mild correction in bullion prices.
When comparing prices, Indian gold rates remain significantly higher in absolute terms due to import duties, GST, and other local levies. Dubai gold prices are generally lower as the UAE has minimal taxation on bullion.
Even after currency conversion, Dubai often offers relatively competitive pricing, making it a preferred destination for gold purchases, especially for travellers and investors. However, the final cost advantage depends on exchange rates, customs limits, and applicable duties when bringing gold into India.
Also Read: Gold Shines in 2025: Prices Jump 60–70%!
Both Indian and UAE bullion markets saw a modest dip on February 26, 2026. While short-term price movements reflect global trends, regional tax structures continue to influence the overall price difference between the two markets. Investors and buyers should consider currency, duties, and regulatory factors before making cross-border purchase decisions.
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.
Published on: Feb 26, 2026, 11:08 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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