In These Countries, You Can Buy 24 Carat Gold At The Cheapest Rate.
24 Carat Gold – Gold is a precious metal. But the price of gold is not the same in all countries. Its price depends on import duties, taxes, labor costs, currency exchange rates and local market policies. This year, Akshaya Tritiya will be celebrated on 30th April. People consider this day to be very auspicious to buy gold. But the price of gold has been skyrocketing for many days. The gold rate has been increasing for the last 11 months. If we talk about last year, on Akshaya Tritiya , the price of 24-carat gold was around Rs 73,240 per 10 grams. Now gold has crossed Rs 96,000 per 10 grams. This means that gold has given a return of about 31 percent. This increase has been seen not only in India but also globally.
Gold Rate: So, there is a country in the world where gold is available at a cheaper rate than other countries. Let’s find out in which countries gold is the cheapest and what its price is.
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Gold Rate: Cheapest Countries to Buy Gold
1. Dubai (United Arab Emirates)
Dubai is called the ‘City of Gold.’ The import duty and taxes on gold are very low here, which reduces the price of gold. Apart from this, consumers get gold at a cheap price due to the huge gold market (Gold Souk) and competitive prices in Dubai. As of 2025, the price of about 10 grams of 24-carat gold is between Rs 60,000 and Rs 65,000.
2. Hong Kong
There is no tax on gold in Hong Kong, which reduces its price compared to other countries. In addition, Hong Kong is a major gold trading center, where competition is high and prices are stable. Here, the price of 10 grams of 24-carat gold is around Rs 62,000 to Rs 68,000 (estimated).
3. Singapore
Singapore has low taxes and import duties on gold. Being a financial hub, the gold trade is very transparent and regulated. Here, 10 grams of 24-carat gold costs around Rs 63,000 to Rs 70,000..
4. Thailand
The gold market in Thailand is very popular, and labor costs are low. In addition, the demand and supply of gold in the local market are balanced, which keeps the price in check. Here, the price of 10 grams of 24-carat gold is around Rs. 65,000 to Rs. 72,000.
5. Saudi Arabia
Saudi Arabia has nominal taxes on gold and low import duties. In addition, the gold market in the Middle East is very active, which keeps the price stable. Here, the price of 10 grams of 24K gold is around Rs 62,000 to Rs 68,000.
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