Gold Price Surge in UAE: Shocking Difference with India and Bangladesh Revealed!

In recent times, the United Arab Emirates (UAE), one of the economic hubs of the Middle East, has witnessed significant fluctuations in gold prices. With increasing interest in savings and investment in gold among expatriates, especially from Bangladesh and India, the gold price in UAE has become a hot topic across South Asian communities. Following the historic rise in gold prices in Bangladesh—where 22K gold is now priced over BDT 167,000 per bhori—this comparison has sparked widespread discussions.

Gold Price in UAE: How Much Cheaper Compared to Bangladesh?

The gold price in UAE is regularly adjusted in alignment with the global market. Dubai, recognized as a major international gold trading hub, currently lists 22K gold at around AED 257 per gram. This converts to approximately BDT 8,200 per gram, making the total price per bhori (11.664 grams) around BDT 95,500.

Meanwhile, in Bangladesh, the price of 22K gold has reached BDT 167,833 per bhori—an all-time high. This means there’s a difference of over BDT 72,000 per bhori compared to the UAE. Such a stark difference makes UAE gold purchases especially attractive for expatriates looking to send gold back home.

This topic is further elaborated in a related post about how safe gold investment is.

Gold Price in India and Comparative Breakdown

In India, 22K gold is currently priced at around INR 67,000 per bhori, which equals approximately BDT 88,000. This reveals a price difference of nearly BDT 80,000 per bhori between India and Bangladesh—a significant margin for two neighboring countries.

The primary reasons for this disparity are differences in import duties, taxation, and government policies. Both India and Bangladesh impose high import duties on gold, increasing its retail cost. In contrast, under the WTO free-market model, the UAE offers more competitive pricing.

Due to the ever-changing gold market in Bangladesh, consumers and investors are facing confusion and uncertainty.

Gold Buying Insights: Price Factors and Market Trends

Track Market Rates

Always check both local and global gold prices before making a purchase. Comparing prices in the UAE, India, and Bangladesh can lead to more informed decisions.

Taxes and Duties

Taxes and VAT rates vary significantly from country to country, impacting the final price. In Bangladesh, an additional 5% VAT and 6% minimum labor cost must be added, pushing up retail prices.

Global Market Influence

Global gold prices are affected by factors such as USD strength, geopolitical instability, and inflation. Monitoring these elements is essential before investing.

Global Gold Price Analysis

As of April 2025, global gold prices have remained bullish due to rising inflation and banking sector instability in Western economies. Spot gold prices hover around USD 2,400 per ounce. The demand in China and the Middle East continues to fuel upward momentum. Experts believe this trend may continue if inflation and recession fears persist, making UAE one of the most affordable yet reliable markets for gold acquisition.

Expert Advice: Which Market Is Best for Gold Buyers?

Experts agree that gold prices in the UAE are more affordable and the market more stable. For expatriates, especially those residing in the Gulf, purchasing gold from Dubai or Abu Dhabi is financially advantageous. However, they must comply with customs and import regulations when bringing gold back home.

For local buyers in Bangladesh or India, it’s crucial to purchase from reputed jewelers and ensure purity certifications to avoid fraud.

FAQs: Common Questions About UAE Gold Prices

• What is the current gold price in UAE?
  As of now, 22K gold in UAE costs about AED 257 per gram, or BDT 95,500 per bhori.
• Why is gold more expensive in Bangladesh?
  Due to added VAT, labor costs, and high import duties, gold is significantly pricier in Bangladesh.
• How does gold price in India compare to Bangladesh?
  22K gold is cheaper in India by about BDT 80,000 per bhori compared to Bangladesh.
• Is it safe to buy gold from UAE and bring to Bangladesh?
  It is safe, provided one follows legal procedures and customs rules.
• Which country offers the lowest gold price?
  Currently, UAE offers some of the most competitive gold prices globally.