Where is the cheapest place to buy gold from - Dubai, Pakistan, or Nepal?
There has been a huge jump in the price of gold in the last few days. Its prices are constantly skyrocketing. Gold prices have also broken many big records. Gold has always been a favorite investment instrument. At the time of writing the news, the price of 10 grams, 24 carat gold in India is Rs 87,170.00. In such a situation, let us know how cheap gold is in our neighboring countries including Dubai. How cheap will it be to bring gold from these places to India, we will find the answer to this question in today's article.
If you want to buy gold at cheap rates, you should know the maths of gold prices. It is also important to know where to buy gold from. Gold can be bought at low prices in many countries. This can help you save money. Here we will talk about three countries and know how cheap or expensive it will be to buy gold from there. Recently, gold prices have increased.
Nepal
The price of gold in Nepal remains stable today. According to the Gold and Silver Dealers Federation there, the price of one tola (11.66 grams) of gold is 162,800 Nepalese rupees. Gold prices in Nepal depend on the movement of the global market. At present the prices are stable. Apart from this, the demand for gold increases during weddings and festivals in Nepal. Due to this the prices may increase slightly.
Pakistan
Gold prices in Pakistan have reached an all-time high. The price of one tola of gold in Pakistan is Rs 300,346. It has increased recently. The price of gold in Pakistan is constantly increasing. Gold is expensive here. Due to the increase in gold prices in recent days, investors may suffer losses in gold purchases.
Dubai
The price of gold in Dubai is cheaper than in India. The quality of gold in the market here is also good. The effect of the global market is seen in the gold prices in Dubai. Generally gold is cheaper here. Dubai is considered a popular place to buy gold. Especially for those who want to invest in gold.
Understand the market situation well
In such a situation, if you are thinking of buying the cheapest gold, then Dubai can be the best option for you. Gold prices are high in Nepal and Pakistan. But keep in mind that gold prices keep fluctuating. So understand the market situation well before buying.