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Gold Rate: Dubai vs India Gold Prices on August 1, 2025

द्वारा लिखित: Neha Dubeyअपडेट किया गया: 1 Aug 2025, 3:55 pm IST
On August 1, 2025, gold prices continued to show variation between Dubai and key Indian cities like Chennai, Mumbai, and New Delhi. Here's a comparative look at the latest rates.
Gold Rate: Dubai vs India Gold Prices on August 1, 2025
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Gold remains a widely followed asset class, and pricing differences between Indian metros and Dubai reflect a combination of currency exchange rates, import duties, and local taxes. On August 1, 2025, 22K and 24K gold rates in Dubai offered a relatively lower base price when converted to INR.

22K and 24K Gold Rate in India on August 1, 2025

City24K Gold (10g)22K Gold (10g)
Chennai₹98,700₹90,475
Mumbai₹98,410₹90,209
New Delhi₹98,240₹90,053

Note: Rates as of 10:00 AM IST on August 1, 2025. Prices may change throughout the day.

Dubai Gold Rate in INR on August 1, 2025

The AED to INR exchange rate on August 1, 2025, stood at ₹23.62. Based on this rate, the morning prices of gold in Dubai when converted to Indian Rupees are as follows:

PurityDubai Price (AED/gram)INR/gramINR/10 gram
24K397.50₹9,387₹93,870
22K368.25₹8,701₹87,010

Note: INR values are approximate and based on morning rates. Actual retail prices may vary depending on seller margins and currency movement.

Read More: Affordable Gold? 9K Jewellery Gains Popularity Amid Soaring Prices.

Gold Price Difference Between Dubai and India on August 1, 2025

KaratIndia Avg (10g)Dubai (10g)Price Difference
24K₹98,450₹93,870₹4,580
22K₹90,246₹87,010₹3,236

Note: Price difference calculations exclude GST, making charges, and customs duties.

Conclusion

As of August 1, 2025, Dubai gold remains ₹3,200 to ₹4,600 cheaper per 10 grams than Indian average prices. However, actual savings depend on total cost after duties, currency conversion, and local taxes. Buyers should factor in these costs before making gold purchases.

 

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.

Published on: Aug 1, 2025, 10:22 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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