Gold Rate in Dubai in Rupees: Latest Prices & Buying Guide
Dubai is known as the “City of Gold,” attracting buyers from all over the world, especially from India. The city offers gold at competitive prices, making it a preferred destination for purchasing the precious metal. If you’re planning to buy gold in Dubai, it’s essential to check the latest gold rate in Dubai in rupees to make an informed decision.
Current Gold Rates in Dubai (INR)
As of today, the gold rates in Dubai, converted to Indian Rupees (INR), are as follows:
| Purity | Price per Gram (AED) | Price per Gram (INR) |
|---|---|---|
| 22K Gold | AED 327.25 | INR 7,742 |
| 24K Gold | AED 351.75 | INR 8,322 |
| 18K Gold | AED 267.80 | INR 6,336 |
Gold Price in Dubai (24 Karat)
| Weight | Gold Price (AED) | Converted to INR |
|---|---|---|
| Ounce | 10,870.67 AED | ₹258,827.58 |
| 1 Gram | 349.50 AED | ₹8,321.50 |
| 2 Grams | 699.00 AED | ₹16,643.00 |
| 5 Grams | 1,747.50 AED | ₹41,607.50 |
| 10 Grams | 3,495.00 AED | ₹83,215.00 |
Gold Price in Dubai (22 Karat)
| Weight | Gold Price (AED) | Converted to INR |
|---|---|---|
| Ounce | 10,108.63 AED | ₹240,684.92 |
| 1 Gram | 325.00 AED | ₹7,738.20 |
| 2 Grams | 650.00 AED | ₹15,476.40 |
| 5 Grams | 1,625.00 AED | ₹38,691.00 |
| 10 Grams | 3,250.00 AED | ₹77,382.00 |
Gold Price in India
| Karat | Price per 10 gm (INR) |
|---|---|
| 24K | ₹85,852 |
| 22K | ₹78,698 |
Silver Price in Dubai
| Weight | Silver Price (AED) | Converted to INR |
|---|---|---|
| Ounce | 130.21 AED | ₹3,100.30 |
| 1 Gram | 4.05 AED | ₹96.43 |
| 2 Grams | 2.03 AED | ₹48.22 |
| 5 Grams | 0.81 AED | ₹19.29 |
| 1 Kg | 4,050.00 AED | ₹96,430.00 |
Prices fluctuate daily based on market conditions. Always check live rates before making a purchase.
Factors Affecting Gold Prices in Dubai
Several factors influence the gold rate in Dubai in rupees, including:
- International Gold Prices – Changes in global gold prices affect Dubai’s rates.
- Exchange Rate (AED to INR) – A strong or weak Indian rupee impacts the converted price.
- Demand & Supply – Higher demand in wedding and festival seasons increases prices.
- Government Regulations – Import duties and VAT in Dubai and India can influence prices.
How to Convert Gold Prices from AED to INR
To calculate the price of gold in rupees, use this formula:
Gold Price in INR = Gold Price in AED × AED to INR Exchange Rate
For example, if 24K gold is AED 351.75 per gram and the exchange rate is 1 AED = ₹22.50, then:
₹351.75 × 22.50 = ₹8,322 per gram
Why Gold is Cheaper in Dubai Compared to India
Gold prices in Dubai are usually 5%–7% lower than in India due to:
- Lower Import Duties: India imposes high import duties, whereas Dubai has minimal taxes.
- No Additional Charges: Dubai does not have GST on gold purchases.
- Pure Gold Availability: Buyers can get high-quality gold (24K) at better prices.
Best Places to Buy Gold in Dubai
Some of the most popular gold-buying destinations in Dubai include:
- Dubai Gold Souk: A traditional market with 300+ jewelry shops.
- Dubai Mall & Mall of the Emirates: Premium gold retailers like Malabar, Joyalukkas, and Damas.
- Dubai Duty-Free: Tax-free gold available at the airport.
Tips for Buying Gold in Dubai
Before purchasing gold in Dubai, consider these tips:
- Check Live Prices – Use websites like GoodReturns and Gulf News for updated rates.
- Buy Hallmarked Gold – Ensure the jewelry has a proper hallmark certification.
- Negotiate Making Charges – Jewelers often charge extra for crafting; negotiate for a fair deal.
- Opt for Duty-Free Purchases – If you’re a traveler, buying gold at Dubai Duty-Free can be beneficial.
Comparison: Gold Prices in Dubai vs. India
Gold is cheaper in Dubai compared to Indian cities like Mumbai, Delhi, and Chennai. This is mainly due to higher import duties and taxes in India. If you’re an NRI or tourist, buying gold in Dubai can help you save money.
Where to Check Live Gold Prices in Dubai (INR)
To stay updated with the latest gold rates in Dubai, check these websites:
- GoodReturns (goodreturns.in) – Daily updates on international gold rates.
- Gulf News (gulfnews.com) – Provides current and historical gold prices in Dubai.
- BankBazaar (bankbazaar.com) – Displays live exchange rates for INR conversion.
Conclusion
Buying gold in Dubai is a smart choice due to lower prices, high purity, and tax benefits. Before purchasing, always check the gold rate in Dubai in rupees, compare with Indian prices, and consider the exchange rate. Whether you’re investing in gold bars or jewelry, Dubai remains one of the best places in the world to buy gold at competitive prices.
