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Gold is among the most valued and versatile elements. It has typically been used to make fine jewelry such as rings necklaces bracelets and earrings prized as a status symbol. It is also a well-known form of investment. Many might wonder that Dubai is the only place to buy gold at a cheaper rate. However there are several other countries that are less expensive than Dubai to purchase gold. Here are the countries that top the list for the cheapest gold. Know how much gold is currently selling for there. Which country currently has the lowest gold rates? In the world’s largest economy the United States gold can be found at a low price. At this place 24-carat gold is priced at Rs 8586 per gram while 22-carat gold is priced at Rs 7874 per gram. Compared to other countries these prices are a bit lower which is why the US comes first on the list. For gold purchase Australia comes in second. The prices of gold in Australia are reportedly Rs 8602 per gram for 24-carat gold and Rs 7889 per gram for 22-carat gold. While the demand has been steady prices in Australia have been stable even with steady demand. How much does 22-carat gold cost in different countries? Singapore a prominent financial centre in Asia is also in contention with countries with reasonable pricing on gold. The price for 24-carat gold is reportedly Rs 8667 per gram and the price for 22-carat gold is priced at Rs 7949 per gram. Switzerland a country known for high purity of gold and a safe  investment is also on the list with a price for 24-carat gold set at Rs 8682 per gram and a price for 22-carat gold set at Rs 7963 per gram. Switzerlands gold is deemed to be the most trusted in the international market based on the quality of the gold. The other Southeast Asian country on the list of cheaper gold is Indonesia. For instance 24-carat gold is reportedly 8704 per gram and 22-carat gold is Rs 7983 per gram. In January 2025 in Dubai the prices for 24-carat gold were reportedly Rs 8718 per gram and 22-carat was Rs 7996 per gram.