What’s inside:
This article shares information about countries where gold prices are cheaper than in Dubai, along with specific rates for different gold purities.
Many people believe that Dubai has the cheapest gold in the world. However, recent data shows that there are several countries where gold can be bought at lower prices than in Dubai. Here, we will highlight those countries and the current rates of gold there.
The United States has emerged as the most affordable place to buy gold. In America, 24-carat gold is priced at ₹ 8,586 per gram, while 22-carat gold costs ₹ 7,874 per gram. This makes the U.S. a great option for gold buyers.
Australia comes in second place for gold purchases, with 24-carat gold priced at ₹ 8,602 per gram and 22-carat gold at ₹ 7,889 per gram. The stable demand for gold in Australia helps keep prices balanced.
Singapore offers 24-carat gold at ₹ 8,667 per gram and 22-carat gold at ₹ 7,949 per gram. Switzerland, known for high-quality gold, has 24-carat gold priced at ₹ 8,682 per gram and 22-carat gold at ₹ 7,963 per gram. Indonesia also features on this list, with 24-carat gold at ₹ 8,704 per gram and 22-carat gold at ₹ 7,983 per gram.
For comparison, in Dubai, the price of 24-carat gold is ₹ 8,718 per gram and 22-carat gold is ₹ 7,996 per gram, as of January 2025. This shows that buyers have multiple options for purchasing gold at competitive prices.
Summary:
- Gold prices are lower in several countries than in Dubai.
- The U.S. has the cheapest gold rates globally.
- Australia and Singapore also offer competitive gold prices.
- Switzerland is known for high-quality gold.
- Indonesia is another affordable option for gold buyers.
