Gold Rate: Dubai vs India Gold Prices on July 1, 2026

Gold remains both a cultural treasure and a preferred investment in India. On July 1, 2026, prices for 22K and 24K gold showed a continued gap between Dubai and key Indian cities like Chennai, Mumbai, and New Delhi.
Price variations arise from factors such as exchange rates, local demand, taxes, and import duties.
22K and 24K Gold Rate in India on July 1, 2026
| City | 24 Carat Gold (Per 10 Gm in ₹) | 22 Carat Gold (Per 10 Gm in ₹) |
| Chennai | 1,41,860.00 | 1,30,038.00 |
| New Delhi | 1,41,210.00 | 1,29,443.00 |
| Mumbai | 1,41,590.00 | 1,29,791.00 |
| Bangalore | 1,41,560.00 | 1,29,763.00 |
| Hyderabad | 1,41,820.00 | 1,30,002.00 |
Note: Rates are as of 9:30 AM on July 1, 2026. Prices may change based on market fluctuations.
Dubai Gold Rate in INR on July 1, 2026
| Gold Type | Dubai Rate (AED/10 gram) | INR Rate (Per 10 gm) |
| 24 Carat | AED 4,815.00 | ₹1,24,034.40 |
| 22 Carat | AED 4,460.00 | ₹1,14,889.60 |
| 21 Carat | AED 4,275.00 | ₹1,10,124.00 |
| 18 Carat | AED 3,665.00 | ₹94,410.40 |
| 14 Carat | AED 2,808.80 | ₹72,354.69 |
Note: As of July 1, 2026, 1 AED = ₹25.76 at 9:30 AM.
Gold Price Difference Between Dubai and India on July 1, 2026
| Karat | India Avg (10g) | Dubai (10g) | Price Difference |
| 24K | ₹1,41,850.00 | ₹1,24,034.40 | ₹17,815.60 |
| 22K | ₹1,30,029.00 | ₹1,14,889.60 | ₹15,139.40 |
| 18K | ₹1,06,388.00 | ₹94,410.40 | ₹11,977.60 |
Note: Price differences exclude VAT, import duties, and making charges.
Read more: Gold Falls Over 12% in June 2026, Set for Biggest Monthly Decline Since October 2008!
Conclusion
On July 1, 2026, Dubai gold continued to be cheaper than Indian domestic rates by about ₹17,815 for 24K and ₹15,139 for 22K per 10 grams. Buyers considering overseas purchases should weigh these differences alongside additional costs like travel, making charges, and import regulations.
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Published on: Jul 1, 2026, 9:40 AM IST
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