Gold continues to hold a special place in Indian households both as a cultural asset and a preferred investment tool. On August 18, 2025, prices for 22K and 24K gold showed noticeable differences across cities like Chennai, Mumbai, and New Delhi, as well as in Dubai.
Price fluctuations can be attributed to various factors, including exchange rates, local demand, taxes, and import duties.
| City | Gold 24 Karat (₹) | Gold 22 Karat (₹) |
| New Delhi | 99,740 | 91,428 |
| Mumbai | 99,920 | 91,593 |
| Chennai | 1,00,210 | 91,859 |
Note: Rates are as of 11:25 AM on August 18, 2025. Prices may change based on market fluctuations.
As of August 18, 2025, 1 AED equals ₹23.81 as per the exchange rate. Based on this rate, Dubai gold prices converted to INR show a continued pricing advantage compared to Indian domestic rates.
| Purity | Dubai Price (AED/gram) | INR/Gram | INR/10 Grams |
| 24K | 404.75 | 9,637.10 | 96,370.98 |
| 22K | 374.75 | 8,922.80 | 89,227.98 |
Note: Prices reflect Dubai's morning gold rates on August 18, 2025.
| Karat | India Avg (10g) | Dubai (10g) | Price Difference (₹) |
| 24K | ₹102,120 | ₹97,370.98 | ₹4,749.02 |
| 22K | ₹93,610 | ₹89,227.98 | ₹4,382.02 |
Note: Price differences exclude VAT, import duties, and making charges.
Read more: Gold and Silver Prices Mixed in India Today: Check Rates in Your City on August 18, 2025.
Gold prices on August 18, 2025, show that Indian rates for 22K and 24K gold remain higher than Dubai’s by around ₹4,749 and ₹4,382 per 10 grams, respectively. This difference is influenced by factors such as import duties, taxes, and local demand.
While Dubai gold offers a pricing advantage, Indian consumers continue to value gold for cultural and investment reasons. Buyers should consider these price gaps along with additional costs like making charges before purchasing.
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 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: Aug 18, 2025, 11:43 AM IST
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