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   In which country is Gold cheapest?

I want to buy Gold. Which country is it cheapest. Dubai? Singapore? Thailand? Australia? India? I stay in Bombay but I travel around the world... as of now I think Dubai is cheapest.. can anyone help me?
I am interested both in Gold Jewellery and Gold bars as investment.


In which country is Gold cheapest?

Gold is not any "cheaper" here or there. Gold is gold. There's the New York price, the London price, the Zürich price, and maybe a few other markets, and they are all priced in US Dollars. The prices of these different markets do not vary much from one to another. You will pay pretty much the same US Dollar price wherever you are translated into whatever non-US currency you happen to be using at the moment (plus dealer's markup, commissions, etc.).


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Comments

Parth Bansal
Parth Bansal   Sunday, October 18, 2009 4:17 AM
Whether you agree or not I bought it quite cheap from Dubai. That's your wish if you want to buy from here. Prices do rise but due to high economy and tourist arise in Dubai it would be same price . So why waste your investment in India follow your way. For any helo mail me at; bansalparth357@yahoo.com
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Krugerrand Gold Coin   Wednesday, January 20, 2010 11:35 PM
I found out each krugerrand is minted using approximately 91 2/3 parts gold and 8 1/3 parts copper.
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gold coins   Tuesday, May 18, 2010 12:40 PM
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