18 June, 2024
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Particularly in Dubai, gold is cheaper due to its tax-free shopping and low import duties.
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Known for its significant gold refining industry, Switzerland offers lower prices thanks to minimal taxes.
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With no sales tax or VAT, Hong Kong provides gold at lower prices compared to India.
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Singapore has a favourable tax regime for gold purchases, making it cheaper than in India.
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Lower import duties and a competitive market contribute to cheaper gold prices in Thailand.
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Minimal taxes and import duties help Malaysia offer gold at lower prices than India.
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The absence of sales tax on gold purchases makes it cheaper in Saudi Arabia.
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Like other Gulf countries, Bahrain benefits from tax-free gold shopping, resulting in lower prices.
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Competitive market conditions and lower taxes can make gold prices in the US more attractive.
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Australia, with its local mining industry and lower taxes, often offers cheaper gold prices than India.
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