Should you buy Gold in Dubai?
Small correction. The price shown on video in AED, 217 is of 24k. For 22 it is 204.5. The difference would be ₹257 only. Which is hardly 5% in difference. The conclusion of the video still remains the same that buying raw gold or SGB in India is better. Sorry for the mistake.
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⚱️Our experience of buying Gold from Dubai
‼️Let us clear a couple of Rules you should be aware of before buying Gold from any international country -
✅A man travelling from an International country to India can carry a maximum of 20 gms of gold with him. Meanwhile, a woman can carry a maximum of 40 gms of gold with her.
✅You can not bring a gold coin, gold biscuit, or gold bar within the allowance limit. The allowance remains available only for gold jewellery/ornaments.
I visited Gold shops at Meena Bazaar, Dubai on 04th December, 2022
💰The rate of Gold in Dubai on that date was 204.5 AED (204.5 x 22.5 = ₹4601)
💰The minimum making charges on gold chains were flat 6%
💰Add 5% VAT (Refundable at Airports)
💰The net price of 1gm Gold was ₹4877.
💰If someone is looking to buy Gold from Dubai as an investment then buying Gold Jewellery or ornaments (which is only allowed by Customs) will be equal to buying Raw gold (In the form of coins, bar or biscuit) in India.
👉Hence if you are looking to make investment in Gold. Sovereign Gold bonds are the best in India. You can even get ₹50 per gram discount if you buy them online which pays 2.5 interest as well.
👉However, if you are planning to buy Gold as a jewellery item and not investment then definitely the cost is 10-20% cheaper in Dubai compared to India.
❓❓By the way, how have you invested in Gold? Let us know in the comments
Пікірлер: 31
In India making and others charges will go from 8 to 30% depending on complexity of ornament
5175rs is without making charges after adding making charges it will high than dubai
@vatsvlogs6110
Жыл бұрын
Only small amount can be saved..
@backtoreality3143
10 ай бұрын
No you can save more
Don't pass wrong information please, while you guys buy gold with Zero making charges and currency difference provide 10k discount from Dubai
In India minimum making charges are 10% so at any cost you save around 8% by buying gold in dubai, I think these videos are sponsored by indian jewellers who have shops only in India!
Devre 😍 Kannada💛❤️
@manu_33
Жыл бұрын
@Diamond Legends Bengaluru
@manu_33
Жыл бұрын
@Diamond Legends Koramangala
@manu_33
Жыл бұрын
@Diamond Legends have been there quite a few times to visit Gavi Gangadeshwar Temple
There are products without 0% making charge
Dubai gold quality is too good
@bullrider9617
Жыл бұрын
What do you mean quality is good ?? Its 22 Karat both places
@kingplatform2255
Жыл бұрын
it’s standard quality if you from legitimate shops
thanks
I would like to know.. i want to visit dubai for buying gold only around 40gm.. but don’t want to pay custom duty.. if i leave india without carrying any old ornaments and leave from dubai while wearing my 40gm gold for delhi.. will it be still chargeable ?
@shlodionaut
Жыл бұрын
No. Just dont flaunt it while wearing it. And don't bother carrying the boxes and bills and other things. Just wear it like any other jewelry you'd wear.
@Casualtraveller
Жыл бұрын
And dont buy from malabar or tanishq. They have high making charges. Buy from meena jewellers
Two months ago my friend bought 2 gold coins from dubai. one is with me... How is that possible
i don't get it, doesn't that make it more viable to buy gold in Dubai then in india as an investment?, doesn't that mean gold is more expensive in india
Even in india there is making charges
sir whold you please collab with me as we creat same type of content
AD is misleading
Vat return milte h pagle woh dubai gold sasta h 😂
Can't carry gold coin to India?? What
@niyasrahmannr716
Жыл бұрын
Its fake
@jaikrishks3874
11 ай бұрын
Residents how much carry coin or gold bar? Is theyre not stuck with customs rite.
Isko kuch kam dhandha nahi he kya😂
Wrong infooooooormation
Downvoted your content as you are spreading misinformation.
How do you know? You look like one :-)