The price of 1gm 24k gold in Dubai, as of July 10, 2024, is AED 245, around INR 5,579.45, in India (July 31) it is more than Rs 6 to 7 thousand.
The price for one gram of 24k gold in Malawi is INR 6,346.63, while in India it is minorly more expensive as it is more than Rs 7,000.
In Australia, one gram of 24k gold costs 112.76 AUD (INR 6,347.32), while in India it is more than Rs 7000.
In Columbia, one gram of 24k gold costs 307,720.00 COP (INR 6,351.73) while in India it is more than Rs 7000 (July 31).
In Columbia, one gram of 24k gold costs 307,720.00 COP (INR 6,351.73) while in India it is more than Rs 7000 (July 31).
If you are mulling to buy gold in Dubai and bring it today then you have to pay taxes.
Custom duty charges on gold are import taxes levied by the Indian government on gold brought into the nation by individuals.
A 10% customs charge is levied on gold coins if the total amount imported is less than 100 grams per passenger.
If the total weight of the gold coins is less than 20 grams, no customs duty is required.
A customs charge of 10% is levied on the total stated value of gold coins weighing 20 grams to 100 grams.