India’s gold prices continued to exceed Dubai rates on November 21, 2025, extending the pricing trend seen across recent sessions. The gap reflects the influence of domestic duties, local market premiums and global bullion movements.
Gold prices vary across major Indian cities due to state-level taxes, transportation costs and local demand conditions. Below are the prevailing rates per 10 grams across key metros.
| City | 24K Gold (₹ per 10g) |
| New Delhi | ₹1,24,320 |
| Chennai | ₹1,24,350 |
| Mumbai | ₹1,24,280 |
| Bangalore | ₹1,24,290 |
| Average | ₹1,24,310 |
Dubai continues to offer competitive pricing for pure gold due to its tax-efficient trade structure and role as a major bullion hub.
Exchange rate: 1 AED = ₹24.12
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10g |
| 24K | 487.25 | ₹11,760 | ₹1,17,600 |
Comparing the average domestic price with Dubai’s rate highlights the extent of the gap for buyers tracking international markets.
| Location | Price per 10g | Difference vs Dubai |
| Dubai | ₹1,17,600 | – |
| India (Average) | ₹1,24,310 | ₹6,710 more |
This represents a potential saving of around ₹6,700 per 10 grams when purchasing in Dubai before accounting for travel costs, customs duties or jeweller charges.
India’s gold pricing is shaped by import duties, GST, local premiums, logistics and festive-market demand. Dubai, in contrast, benefits from a low-tax ecosystem, faster logistics and high trading turnover, which often results in lower base prices. Currency movements and global spot rates further influence the daily variation between markets.
Read More: Check Gold and Silver Prices on Nov 21, 2025.
On November 21, 2025, gold remained cheaper in Dubai than in India by over ₹6,700 per 10 grams, continuing the established trend in global bullion pricing. While the difference can be appealing for buyers, total cost calculations must include travel expenses, customs duty at 3–15% and any making or service charges.
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/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 the related documents carefully before investing.
Published on: Nov 21, 2025, 10:25 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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