Should you buy Gold in Dubai?
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- čas přidán 29. 12. 2022
- 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
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
Only small amount can be saved..
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💛❤️
@Diamond Legends Bengaluru
@Diamond Legends Koramangala
@Diamond Legends have been there quite a few times to visit Gavi Gangadeshwar Temple
There are products without 0% making charge
Two months ago my friend bought 2 gold coins from dubai. one is with me... How is that possible
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 ?
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.
And dont buy from malabar or tanishq. They have high making charges. Buy from meena jewellers
Dubai gold quality is too good
What do you mean quality is good ??
Its 22 Karat both places
it’s standard quality if you from legitimate shops
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
sir whold you please collab with me as we creat same type of content
thanks
Even in india there is making charges
Vat return milte h pagle woh dubai gold sasta h 😂
AD is misleading
Can't carry gold coin to India?? What
Its fake
Residents how much carry coin or gold bar? Is theyre not stuck with customs rite.
Downvoted your content as you are spreading misinformation.
Wrong infooooooormation
Isko kuch kam dhandha nahi he kya😂
How do you know? You look like one :-)