Gold holds a special place in Indian culture, symbolising prosperity and serving as a trusted investment avenue. For those considering purchasing gold abroad, understanding the price disparities is crucial.
On October 20, 2025, gold prices in Dubai continued to offer a cost advantage over major Indian cities like Bangalore, Mumbai, and New Delhi for both 22K and 24K variants. Factors such as currency exchange rates, local demand, import duties, and taxes contribute to these differences.
Gold prices in India vary slightly across cities due to local market dynamics. Below is a snapshot of rates per 10 grams for 24K and 22K gold in select cities, updated as of the latest market data.
| City | 24K Gold (10g) | 22K Gold (10g) |
| Bangalore | ₹1,30,860 | ₹1,19,950 |
| Mumbai | ₹1,30,860 | ₹1,19,950 |
| New Delhi | ₹1,31,010 | ₹1,20,100 |
Note: Rates are as of 09:42 AM on October 20, 2025. Prices may change based on market fluctuations.
Dubai remains a global hub for gold trading, often featuring lower base prices due to negligible import duties and tax-friendly regulations. The current exchange rate stands at 1 AED = ₹23.93. The following table shows Dubai’s morning rates for 24K and 22K gold, converted to Indian rupees.
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10 gram |
| 24K | 512.25 | ₹12,260 | ₹1,22,598 |
| 22K | 474.25 | ₹11,350 | ₹1,13,504 |
Note: Prices reflect Dubai's morning gold rates on October 20, 2025. INR values calculated using the latest available AED-INR rate.
Comparing average Indian prices (derived from the cities above) with Dubai’s rates highlights the potential savings, excluding VAT, import duties, making charges, and travel expenses.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,30,910 | ₹1,22,598 | ₹8,312 |
| 22K | ₹1,20,000 | ₹1,13,504 | ₹6,496 |
The data shows that gold in Dubai remains cheaper than in India by 5–6%, making it attractive for those looking to purchase bullion or jewellery abroad.
Read More: Indian Household Gold Holdings Surge.
On October 20, 2025, Dubai gold prices were notably lower than in India, offering savings of up to ₹8,312 per 10 grams for 24K gold. However, potential buyers should factor in expenses such as airfare, accommodation, customs duties, and jeweller making charges before making any decision.
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: Oct 20, 2025, 10:24 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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