According to the provided reference, Dubai, United Arab Emirates is listed as the cheapest country to buy gold in 2024.
When searching for the most affordable place to purchase gold, several factors can influence the price, including local taxes, production costs, and market demand. Based on the analysis from jagranjosh.com, Dubai in the United Arab Emirates stands out as the top destination.
Dubai is often referred to as the "City of Gold" due to its significant role in the global gold trade and its reputation for offering competitive prices. The reference lists Dubai, UAE as the number one cheapest country for buying gold in 2024.
Following Dubai, the reference highlights other countries where gold is considered relatively cheap:
- Malawi
- Australia
- Colombia
- Indonesia
These countries complete the top 5 list of destinations known for more affordable gold purchases, as cited by the source.