Gold Rate: India vs Dubai Gold Prices on March 16, 2026

Gold prices often vary across international markets due to factors such as taxes, currency exchange rates, import duties, and local demand. India and Dubai are two of the most closely watched gold markets globally, as both regions have strong cultural and investment demand for the precious metal. Comparing gold prices in these two markets helps investors and buyers understand price trends and potential savings opportunities.

India Gold Prices Today

As of Monday, March 16, 2026, at 10:45 AM (India Time), gold prices in India were recorded at ₹1,57,360 per 10 grams, reflecting a decline of ₹1,720 or 1.08%. 

Meanwhile, silver prices were quoted at ₹2,55,170 per kilogram, down by ₹4,540 or 1.75% compared to the previous session. 

Dubai Gold Rates Today

As of March 16, 2026, gold prices in the UAE were slightly lower compared to the previous day. The rate for 24-carat gold stood at AED 604.25 per gram in the morning session, down from AED 604.75 yesterday. 

Similarly, 22-carat gold was priced at AED 559.50 per gram compared to AED 560.00 previously, while 21-carat gold was at AED 536.50 per gram versus AED 537.00 the day before. 

Meanwhile, 18-carat gold was quoted at AED 459.75 per gram, slightly lower than AED 460.25, and 14-carat gold was priced at AED 358.75 per gram compared to AED 359.00 in the previous session. The updated rates reflect minor fluctuations in the UAE gold market.

India vs Dubai Gold Price Comparison

On Monday, March 16, 2026, gold prices in India were recorded at ₹1,57,360 per 10 grams as of 10:45 AM (India Time). This represents a decline of ₹1,720, or 1.08%, compared to the previous session. 

In Dubai, gold prices were also slightly lower compared to the previous day. The rate for 24-carat gold stood at AED 604.25 per gram in the morning session, marginally lower than AED 604.75 recorded a day earlier. 

Dubai generally offers relatively lower gold prices than India because the UAE does not levy high import duties on gold. In contrast, India imposes import duties and taxes that increase the final retail price of the metal.

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

Conclusion

Overall, gold prices in both India and Dubai showed slight declines on March 16, 2026. While Dubai continues to remain an attractive market due to lower taxes, Indian prices remain influenced by import duties and local market factors. Monitoring price differences between these markets can help buyers make informed purchasing and investment 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.