Gold prices witnessed a mild rise in both India and Dubai on November 12, 2025, supported by global market cues. The softness in the dollar and increasing expectations of a rate cut by the US Federal Reserve have pushed the yellow metal higher in international markets. On the Multi Commodity Exchange (MCX), gold December futures were up by 0.34 per cent at ₹1,24,333 per 10 grams, while silver gained 0.51 per cent to reach ₹1,55,480 per kilogram.
The international market also saw gold gaining for the fourth consecutive session as investors anticipated that recent economic data and policy changes could influence monetary easing by the Federal Reserve.
The dollar index, hovering at an intraday low of 99.46, supported gold prices further, as a weaker dollar makes gold more affordable for buyers using other currencies.
Gold rates in Delhi showed a minor increase on November 12, 2025. The price of 24-carat gold stood at ₹12,598 per gram, 22-carat gold at ₹11,551 per gram, and 18-carat gold at ₹9,454 per gram. For 10 grams, the rates were as follows:
| Purity | Today (₹) | Yesterday (₹) | Change (₹) |
| 24 Carat | 1,25,980 | 1,25,970 | +10 |
| 22 Carat | 1,15,510 | 1,15,500 | +10 |
| 18 Carat | 94,540 | 94,530 | +10 |
In Dubai, gold prices also inched upward, mirroring the international market’s positive tone. The price of 24-carat gold was AED 495.50 per gram, 22-carat gold was AED 458.75 per gram, and 18-carat gold was AED 375.30 per gram. Dubai’s gold rates are influenced by its role as a global trading hub and its tax-free structure, which often results in competitive pricing compared to other regions. In rupee terms, the 10-gram gold rates in Dubai were as follows:
| Purity | Today (₹) | Yesterday (₹) | Change (₹) |
| 24 Carat | 1,19,594 | 1,19,051 | +543 |
| 22 Carat | 1,10,724 | 1,10,181 | +543 |
| 18 Carat | 90,583 | 90,148 | +435 |
The India vs Dubai gold rate comparison reveals that gold prices are slightly higher in India when converted to rupee terms. This difference is due to factors such as import duties, local taxes, and logistic costs associated with gold trade in India.
In contrast, Dubai benefits from minimal import duties and a more direct trading ecosystem, allowing for relatively lower prices. While both markets are seeing steady gains amid global cues, their local pricing structures continue to differ based on currency valuation, tax policies, and consumer demand.
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The rise in gold prices across both India and Dubai on November 12, 2025 highlights how global economic trends and currency movements impact local markets. As the US Federal Reserve’s policy decisions and global economic data unfold, gold prices may continue to respond to shifts in investor sentiment and market expectations.
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: Nov 12, 2025, 9:46 AM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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