15 October 2026
Dubai gold is cheaper. It's not weaker.
Cheaper gold in Dubai doesn't mean lower quality. 22K carries the same 916 hallmark. The gap comes from tax: the UAE charges no import duty and Gold Souk making charges are competitive, while India adds 6% import duty and then 3% GST. Tourists can reclaim most of the 5% UAE VAT, and investment bars and coins of 99%+ purity pay no UAE VAT at all.
Transcript
Dubai gold is cheaper. But it's not weaker. Same nine one six stamp on 22 karat. So why the gap? Taxes. The UAE charges no import duty. India adds six percent duty, then three percent GST. Dubai's five percent VAT? Tourists reclaim most at the airport. And bars or coins of 99 percent purity pay no VAT. Where do you buy, Dubai or India? Follow for more.
