The ultimate comparison
By: John Derric
As of July 2024, the price of 24K gold was approximately AED 245 per gram
With no VAT or sales tax on gold, Hong Kong provides competitive prices. Banks and reputable dealers offer gold products at minimal markups.
Singapore's transparent and regulated market, coupled with tax exemptions on investment-grade precious metals.
Low VAT and no import duties contribute to Switzerland's competitive gold prices. Cities like Zurich and Geneva with reputable dealers.
As one of the largest consumers of gold, India offers competitive prices, especially during festivals and in states with lower taxes.
As of July 2024, 24K gold was priced at around AUD 112.76 per gram.
In July 2024, 24K gold was approximately COP 307,720 per gram
In July 2024, 24K gold was approximately COP 307,720 per gram.
As of January 2025, the price of 24K gold was approximately MYR 265 per gram
As of January 2025, 24K gold was priced at around SAR 230 per gram