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Buying Gold from abroad: Any experiences? What should I keep in mind?

Batman · 2024-07-01T16:12:06+00:00

I didn't find a relevant thread on buying gold from abroad during an international trip. If there's one, please point to that and I'll delete this one. I am planning to go to Indonesia this month. I just found out that gold is ~20% cheaper there (INR 62k) compared to India. I can buy within duty free limits - 20gm and carry it to India. Have you ever done it from any other country? What should I keep in mind? Any red flags I should avoid (such as buying from gov certified shops only)?

Thread starter Batman
Start date Jul 1, 2024

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nbatra2410

TF Neo

Nov 17, 2024

nikhil_118 said:
I saw in few videos that there were few shops in gold souq claiming 0% making charges. But don't know whether those are genuine or not. If not I will have to use my bargaining skills to reduce the making charges 😈

I have purchased 22K gold from Anvar Gold at Gold Center In Gold Souq. They have Zero Making charge. And it's genuine I got it tested back in India at Tanishq.
But reach there early around shop opening time else lot of rush.