On October 24, 2025, gold prices in Dubai continue 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 | ₹1,25,070 | ₹1,14,640 |
| Mumbai | ₹1,25,070 | ₹1,14,640 |
| New Delhi | ₹1,25,020 | ₹1,14,790 |
Note: Rates are as of 09:42 AM on October 24, 2025. Prices may change based on market fluctuations.
Dubai remains a global hub for gold trading, often featuring lower base prices. The current exchange rate is 1 AED = ₹23.94. The following table shows Dubai's morning rates for 24K and 22K gold, converted to INR.
| Purity | Dubai Price (AED/gram) | INR/gram | INR/10 gram |
| 24K | 492.52 | ₹11,791 | ₹1,17,910 |
| 22K | 451.98 | ₹10,820 | ₹1,08,200 |
Note: Rates are as of 09:42 AM on October 24, 2025. Prices may change based on market fluctuations.
Comparing the average Indian prices (derived from the cities above) to Dubai rates highlights the potential savings, excluding VAT, import duties, making charges, and travel costs.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,25,053 | ₹1,17,910 | ₹7,143 |
| 22K | ₹1,14,690 | ₹1,08,200 | ₹6,490 |
Currency fluctuations, with AED tied to USD, affect INR conversions. India's import duties up to 15% on values over ₹50,000 widen differences.
Festive demand boosts Indian premiums. Global factors like US rates impact both, but Dubai gains from free zones.
Read More: RBI Gold Reserves Cross $100 Billion as Bullion Prices.
On October 24, 2025, Dubai gold prices trail India's by ₹6,490–₹7,143 per 10 grams for 22K and 24K variants. Buyers should consider duties, VAT, and logistics alongside these benefits for sound choices.
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 24, 2025, 10:02 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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