Dubai, famously known as the “City of Gold,” continues to be a global hub for gold trading and purchasing in 2025. As of October 24, 2025, gold prices in Dubai remain competitive and attract buyers from around the world because of the city’s tax-free policies and transparent trading environment.
Current Gold Rates (per 10 grams) in Dubai:
- 24K Gold: Approximately AED 4,948 (₹125,160)
- 22K Gold: Approximately AED 4,570 (₹114,650)
- 18K Gold: Approximately AED 3,740 (₹93,870)
These prices reflect a slight dip from recent highs following Diwali festivities, offering a favorable buying window for investors and jewelry lovers alike. Dubai’s gold market is influenced by various factors such as global bullion prices, currency exchange rates (1 AED ≈ ₹24), geopolitical events, and local demand-supply dynamics.
Why Buy Gold in Dubai?
Dubai is preferred by buyers for its lower import duties and absence of VAT or sales tax on gold purchases, unlike many other countries. This significantly lowers the overall cost compared to markets such as India, where additional taxes and making charges inflate gold prices. The city’s gold souks provide a vast variety of gold types, purity levels, and designs, making it a prime destination for both investment-grade gold and fine jewelry.
Market Trends and Insights
Following a peak during the festival season, prices experienced a market correction aligning Dubai’s gold rate more closely with global benchmarks. Experts view this correction as a natural realignment, not a market downturn, and the long-term fundamentals supporting gold remain strong, including inflation concerns and monetary policy trends globally.
