Should i buy gold in the Doha Hamad International Airport - Doha Message Board (2024)

FAQs

Is it cheaper to buy gold in Qatar airport? ›

Savings: Duty-free shopping allows you to purchase gold jewelry at lower prices compared to regular retail stores. Convenience: Doha Airport's duty-free gold shops are conveniently located within the airport, making it easy to shop before your flight.

It is safe to purchase gold in Qatar since the country's strict procedures are followed, it is tested, and it is hallmarked. 18 karat and 22 karat gold are the most widely used types of gold in Qatar.

The gold price in Qatar is often lower than in other parts of the world, making it an attractive option for buyers. So, where are the best places to buy gold in Qatar? One popular destination is the Gold Souq in Souq Al Najada, which houses over 40 shops specializing in quality 18- and 22-carat jewelry.

I am currently in Doha Hamad Airport as I write this post and I do NOT recommend buying gold here. I just went to one of the gold stores and tried to pay for a ring with my debit card only to realise I had forgotten to transfer funds from my main account.

Many countries including - India, have tax rates on the purchase or investment of gold. But in Qatar, gold is sold at duty-free, tax-free rates. Hence gold rates are cheaper in Qatar compared to other countries. The government of Qatar do not impose taxes on gold purchases or sale.

United Arab Emirates – Dubai, in particular, is known as the “City of Gold” with favorable gold trading regulations making it a hub for affordable gold. Qatar – With strong trade ties to gold-producing countries and high purchasing power, gold is often priced competitively.

Q: What are the limits for passengers bringing gold from Qatar to India? Male passengers can bring up to 20 grams of gold jewellery, valued at Rs 50,000, duty-free. Female passengers can bring up to 40 grams of gold jewellery, valued at Rs 100,000 or less, duty-free.

How much is 24 carat gold necklace in Qatar? ›

Today's Gold Price in Qatar = 273.65973 QAR / 1 Gram.

Indian travelers can bring 1 kg gold, with duty if exceeding limit. Duty-free limits: Male- 20g, Female- 40g, Child- 40g (under 15 years).

Personal belongings and gifts such as gold and other things with passengers are exempted from customs duties provided that their value does not exceed 3000 Qatari riyals , otherwise subject to a 5% customs duty of the goods value.

Male passengers can bring up to 20 grams of gold jewellery into India duty-free, with a value limit of Rs 50,000. Female passengers can bring up to 40 grams of gold jewellery into India duty-free, with a value limit of Rs 100,000 or less.

There are several countries in the world which are considered cheap in terms of gold prices. Currently, the number one and two popular choices among consumers are Hong Kong and Dubai. As per goldpriceindia.com, the price of one gram of 24k gold in Hong Kong, as of March 4, 2024, is INR 5,418.70.