It is no exaggeration to say that in India, especially in South India, gold is an indispensable part of every family and family celebrations. Because it is believed that owning gold gives great value and prestige. Also, there are many people who buy gold for saving purpose. Not only individual, every country wants to hold as much gold as possible. It cannot be denied that having gold ornaments will help you a lot during difficult times. In India, gold has crossed its all-time high in early 2023. Globally, the price of gold has risen significantly. In such a scenario, let us tell you about some countries in the world where gold is available much cheaper than India.
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1. Dubai – When people think of buying cheap and quality gold, the name Dubai definitely comes to mind. People who go to Dubai definitely have a habit of buying gold from there. The purity of Dubai’s gold is considered high. That is, Dubai’s gold is believed to be much better than other countries. There is a place called Deira. It is considered to be part of the Gold Souk. It is considered to be the hub of gold shopping. There are some sites out there where you can buy good quality and cheap gold.
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2. Thailand – Cheapest gold available in Thailand after Dubai. You can buy quality gold at low prices in Bangkok, Thailand. Here you have many options to buy gold at very low prices. One of the most popular places to buy gold is Yavorat Road in Chinatown, Thailand.
3. Hong Kong – Hong Kong also has many excellent gold shops for gold buyers. Known as a shopping hub, gold is available at very low prices. The city has one of the most active gold trading markets in the world.
4. Switzerland – Switzerland’s gold designs are famous all over the world. It is very famous for its designer watches all over the world. Gold has a good business in this country. You can get quality and best gold in Zurich, Switzerland. Here you will get lots of variety of handmade designer jewelry.
In a report published in ‘Good Returns’, gold prices are almost flat across the world. But the price of gold depreciates according to the currency of other countries. This is why some people buy gold from outside India out of greed for higher profits, but they are caught by the customs officials at the airport as they bring it into the country illegally. In such a situation, if you don’t get caught up in the illusion of gold and buy and store gold according to the country’s rules, there may be no problem.
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