Thinking of buying gold this year? 2025 might be the best time to shop abroad. With India’s gold prices crossing ₹87,000 per 10 grams for 24K gold, several countries are offering the precious metal at rates that can make any gold enthusiast’s jaw drop.

Also Read: Where to Buy the Cheapest Gold in India in 2025?

From tax-free markets to strong currencies, these global destinations are redefining affordable gold shopping.

Top 5 Cheapest Countries to Buy Gold in 2025

According to global gold market reports, the United States tops the list as the cheapest country to buy gold in 2025. At ₹72,280 per 10 grams (24K), prices there are nearly ₹15,000 cheaper than in India. The strong U.S. dollar and fierce competition among dealers keep American gold prices highly attractive.

Australia follows closely with 24K gold priced at ₹73,580 per 10 grams. As a major gold producer, abundant local supply and government-backed institutions like The Perth Mint ensure competitive rates for buyers.

Singapore, another affordable destination, sells 24K gold at ₹77,110 per 10 grams. Its tax-free investment-grade gold policy and world-class storage facilities make it a magnet for international investors.

Switzerland, often called the gold capital of the world, offers gold at ₹78,660 per 10 grams. The Swiss Franc’s strength and Switzerland’s financial stability contribute to consistent pricing.

Indonesia, at ₹78,860 per 10 grams, rounds out the top five. The country’s domestic gold production and favorable regulations help keep gold prices accessible for local and foreign buyers.

Top 5 Cheapest Countries to Buy Gold in 2025

Note: Data as of February 4, 2025. Prices may vary depending on local market rates and currency fluctuations.

Other Popular Gold Hubs: Dubai, Turkey & Hong Kong

Dubai continues to attract shoppers with its tax-free gold market. At around ₹78,960 per 10 grams (24K), the city’s legendary Gold Souk remains a must-visit for bargain hunters.

Turkey, with gold priced at ₹79,310 per 10 grams, combines craftsmanship and affordability. Its vibrant bazaars, especially in Istanbul, make it a popular destination for tourists seeking fine gold jewellery.

Meanwhile, Hong Kong offers 24K gold at ₹79,400 per 10 grams, benefitting from zero VAT and a thriving jewelry market led by major brands like Chow Tai Fook and Luk Fook.

How India’s Gold Prices Compare?

As of February 2025, India’s gold prices remain among the highest globally.
As of February 2025, India’s gold rates stand at:

24K gold: ₹87,060 per 10g

22K gold: ₹79,800 per 10g

The gap between Indian and international prices is largely due to import duties, GST, and the weaker rupee against the U.S. dollar. Gold demand surges during festivals and weddings also push domestic prices higher.

Experts note that while gold serves as a hedge against inflation and global uncertainty, Indian buyers pay a premium compared to international markets.

Why Do Prices Differ Across Countries?

Gold prices vary due to multiple factors, currency strength, mining output, government taxes, and import policies. Countries like the U.S. and Australia benefit from domestic mining and low taxes, while India’s heavy import dependence keeps rates elevated.

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