Lifestyle

Gold: 7 cheapest countries to buy gold this festive season

Remember that gold prices and market circumstances might vary, so verify before buying. Here are 7 countries with low gold prices during festivals.

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Hong Kong

Hong Kong is a major financial and trading hub, and it also boasts a vibrant gold market. There are several places you can buy physical gold in Hong Kong. 

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United States

This may come as a surprise, but the USA is one of the cheapest locations to buy gold. The US sometimes provides exceptional bargains at meagre costs - even lower than Hong Kong.

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United Arab Emirates (Dubai)

Dubai is a popular destination for gold shopping, known for its low or zero tax policies. It attracts shoppers from around the world, including during festive seasons.

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Saudi Arabia

Saudi Arabia often offers gold at competitive prices due to its lower taxes and strong local demand, especially during special occasions and festivals.

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Turkey

Turkey has a long history of gold craftsmanship, and Istanbul is known for its bustling gold markets. Prices here can be relatively reasonable compared to other countries.

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Malaysia

Malaysia has a growing gold market, and Kuala Lumpur is home to several reputable gold shops and jewelers. Prices can be competitive, especially during festivals and celebrations.

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Singapore

Singapore is known for its well-regulated and transparent gold market. The city-state has gold shops and dealers that offer competitive prices on a wide range of gold products.

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