Top 7 countries with CHEAPEST gold rates in world

Gold rates

As the worlds economy continues to fluctuate, more and more people are looking to invest in gold. Gold is seen as a safe investment that holds its value over time. However, when it comes to buying gold, not all countries are created equal. Here is a list of the cheapest countries to buy gold.

Hong Kong (INR 5418.70)

Hong Kong is the country with the cheapest gold in the world. Banks are plentiful here with competitive premiums on gold coins-making investing easy to do without breaking the bank.

United Arab Emirates (INR 5524.70)

Gold can be bought in the UAE from a number of different sources, including jewelers, banks, and online dealers.

Saudi Arabia (INR 5420.50)

Gold can be bought in Saudi Arabia from a number of different sources, including jewelers, banks, and gold souks.

Switzerland (INR 5400.20)

Gold can be purchased in Switzerland from a number of different sources, including banks, jewelers, and online dealers.

United States (INR 6,479.72)

This one might seem a bit surprising, but the US is actually one of the cheapest places to buy gold.

Austria (INR 5,158.03)

Gold can be bought at a number of places in Austria, including banks, other financial institutions, and jewellery stores.

Cayman Islands (INR 4,486.60)

Gold can easily be bought in the Cayman Islands. You can go to any of the jewelry stores or banks and purchase gold coins or bullion.