The direct effect of the ongoing tension in the Middle East is now visible on gold prices. On February 20, 2026, a huge rise in the price of gold in Dubai has been recorded, which has increased the concern of buyers. Due to turmoil in the international market, investors are running towards safe investments, due to which the rates are skyrocketing. The price of 24 carat gold in Dubai has crossed the psychological level of 600 dirhams.
Today’s latest gold price (20 February 2026)
A big change has been seen in the prices of gold today in the bullion markets of Dubai and Delhi. You can see today’s latest rates in the table given below.
City Purity Rate of 1 gram Rate of 10 grams
Dubai (AED)
24K
Dh602.50
Dh6,025.00
Dubai (AED) 22K Dh558.00 Dh5,580.00
Delhi (INR)
24K
₹15,664
₹1,56,640
Delhi (INR) 22K ₹14,360 ₹1,43,600
According to Indian currency, the price of 24 carat gold in Dubai is approximately Rs 1,49,040 per 10 grams, which is much lower than Delhi.
Why are gold prices increasing?
The increasing tension between America and Iran has shaken the gold market. Globally, investors are considering it safer to invest money in gold rather than the stock market, which is called ‘safe haven asset’. According to experts, until geopolitical conditions become normal, price fluctuations may continue. Dubai Jewelery Group updates rates three times a day and today morning itself there was a big jump in the rates.
Important rules for travelers and buyers
Despite the increase in gold prices, gold is available in Dubai about 5 to 7 percent cheaper than in India. There is a 5% VAT on gold purchase in Dubai, but tourists can claim its refund at the airport. At present, due to high prices, people are avoiding buying big jewelery and are adopting the policy of ‘wait and watch’. People who are carrying gold from Dubai to India should keep in mind the custom duty and limits.