The journey continues to Singapore , where investment-grade gold (99.5% purity or higher) has been exempt from Goods and Services Tax (GST) since 2012. This makes it a preferred "vault" for those who want to buy and store their wealth securely. Meanwhile, in Switzerland , the world's refining capital, buyers can often purchase directly from refineries, bypassing the markups found in traditional retail markets. Top 10 Cheapest Countries for 24K Gold (2026)
Are you planning to buy for a special occasion or looking to invest in bars for long-term storage? cheapest country to buy gold
Across the continent, Hong Kong stands as a close rival. As a completely duty-free port, it charges zero taxes or sales tax on gold. In the bustling districts of Mong Kok or Central , investors visit reputable banks and jewelers like Chow Tai Fook to buy coins and bars at prices nearly identical to the global spot rate. While Dubai is the king of jewelry, Hong Kong is often preferred by those seeking pure investment bullion. The journey continues to Singapore , where investment-grade