17/11/2024, 2:01:03 pm

Here’s why gold is priced cheaper in India compared to some countries

While many prefer to buy gold and precious jewellery from duty-free shops in the middle-east, this time maybe make a trip to a local shop. Gold prices in India are currently cheaper than in Oman, Singapore, the UAE, and Qatar due to geopolitical tensions in the Middle East driving up regional prices, while a global price drop has lowered costs in India, with spot prices falling 4.5% in the US.