9 October 2026
Why is Dubai gold cheaper than India? The math
Ten grams of 22K gold in Dubai costs about ₹1,22,971 today. India's estimate is about ₹1,34,260 once 6% import duty and 3% GST are added, a gap of about ₹11,289. Also, why UAE VAT applies only to the making charge.
Transcript
Why is Dubai gold cheaper than India? Ten grams of 22 karat here costs about one lakh twenty-three thousand rupees. In India, add six percent import duty and three percent tax, and the estimate hits about one lakh thirty-four thousand. That's a gap of roughly eleven thousand rupees. So no, gold doesn't cost the same everywhere. Per gram today? About twelve thousand three hundred rupees. One tip: here there's zero tax on the gold value, just five percent on making charges. Save this before your souk trip.
