India vs Dubai Gold Rate: Understanding the Price Difference on October 31, 2025

Gold continues to be a key part of both Indian and global investment portfolios. The price difference between gold rates in India and Dubai often captures the attention of investors and jewellery buyers alike. Understanding what drives these variations can help explain why the India vs Dubai gold rate remains a popular topic of interest.

Gold Prices in Dubai

On October 31, 2025, the gold rate in Dubai stood at AED 481.50 per gram for 24K gold, AED 446 per gram for 22K gold, and AED 366.50 per gram for 18K gold. These prices showed a mild dip of AED 2 and AED 1.75 for 24K and 22K gold respectively, with 18K remaining steady.

10-Gram Gold Rates in Dubai (in INR) for October 31, 2025

Gold Prices in India

In India, the gold rate for October 31, 2025 showed slightly higher prices compared to Dubai. In Delhi, 24K gold was priced at ₹1,21,620 per 10 grams, 22K gold at ₹1,11,490, and 18K gold at ₹91,250. The change from the previous day was minimal, with a fall of ₹10 across all purities.

Gold prices in India tend to fluctuate based on domestic demand, import duties, and currency movements. Since India imports most of its gold, any change in the rupee’s exchange rate against the dollar directly affects prices.

10-Gram Gold Rates in Delhi (in INR) for October 31, 2025

Key Factors Behind the Price Difference

The India vs Dubai gold rate varies due to several influencing factors. Dubai imposes minimal import duties on gold, leading to relatively lower prices. In contrast, India’s import duties, GST, and making charges add to the overall cost for buyers.

Currency movements also play a vital role. A stronger rupee can reduce import costs, while depreciation increases them. Local demand during festivals and weddings further impacts daily gold rates in Indian cities.

Global Market Influence

In the international market, gold prices edged slightly higher recently, supported by a mild decline in the US dollar. Gold prices in India fell on Thursday, erasing the previous day’s gains. The drop followed improved investor confidence as tensions between the US and China eased. 

With October ending and November approaching, market attention now turns to how gold rates will move on Friday, October 31.Investors continue to track global trade developments and central bank policies, both of which influence gold’s performance.

Read More:India’s Gold Comes Home RBI Moves More Reserves From Global Vaults

Conclusion

The comparison between India vs Dubai gold rate reflects the impact of taxation, import policies, and currency trends. While Dubai offers relatively lower prices due to its tax structure, India’s market reflects strong cultural demand and local economic factors. Tracking these differences helps understand the broader dynamics shaping global gold prices.

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.