September 20, 2025 | 09:59 am
TEMPO.CO, Jakarta - In regions like Asia, where gold is seen as a symbol of prosperity, many wealthy individuals strive to acquire this commodity to survive economic volatility. The demand not only reflects cultural values but also highlights gold’s enduring role as both a safe-haven asset and a status symbol across global markets.
With insights from Digital Nomads, InvestASIAN, and Forbes, here are your go-to nations to purchase gold and diversify your investment portfolio.
Where are the Best Countries to Buy Gold in Asia?
In Asia and the Middle East, Singapore, Hong Kong, and UAE are named as the best countries to buy gold, and for all the good reasons. Read on to pick up some valuable details about it below.
1. Hong Kong
For decades, Hong Kong has proven time and time again to be Asia’s second-largest financial hub, just after Singapore. With lower premiums and no shortage of capital or gold reserves, Hong Kong banks stand out among the cheapest places to purchase gold—be it in coins, bars, or other presentations. The country’s regulatory framework also works in your favor, promising an environment that protects investors and imposes zero sales tax.
2. Singapore
Singapore is evidently the best country to buy gold, offering not only an outstanding regulatory framework but also world-class storage facilities. Known for its political stability, the city-state’s absence of capital gains tax on precious metals stands out among many other SEA countries. For investors interested in gold trading, Singapore is truly a one-stop gold destination, combining financial stability with advanced infrastructure for the valuable presentations.
3. UAE
Among the most tax-friendly countries, UAE is a safe haven for gold investors, where plentiful gold dealers, jewelers, and banks work in a secured global market. In Dubai especially, foreign nationals come for the investment opportunities, fueled by a low tax of 5% VAT on gold purchases. Its strategic location within the Gulf region also benefits UAE by presenting an extensive selection of gold products.
4. India
Aside from financial powerhouses, India is also included on the list of the best countries to buy gold in Asia. For the record, the country currently holds about 10% of the world’s physical gold, which offers competitive local prices. Though safety and import duties may become major setbacks for investors.
5. Saudi Arabia
Similarly to its Middle East counterpart—the UAE—Saudi Arabia is a precious hub for gold investors. Here, online dealers, banks, and jewelers run a smooth ecosystem that welcomes foreigners to purchase valuable goods from them. But before anything else, make sure to do your due diligence and compare the prices from one seller to another.
Things to Consider Before Buying Gold
While bold investments can be thrilling, it’s equally crucial to understand the opportunities available. Here are key points to consider before purchasing gold.
Buy Physical Gold
When it comes to the ability to hedge inflation, physical gold always prevails. During the monetary crisis, it’s universally known that many banks would pay you out with cash. Thus, be sure to have an itemized list of the gold you own, including bar numbers, hallmarks, and any other forms.
Always Choose Pure Gold
Pure gold in small quantities has better value than those partially gold, even in large amounts. So, if you are planning for long-term insurance, opt to invest in legal tender coins like the Austrian Philharmonic, the Maple Leaf, or others.
Activate Offshore Storage
Many countries like Singapore, Hong Kong, and Switzerland are known to be reliable offshore gold storage that can help add more protection to your asset portfolio. Instead of storing it in local banks, you can choose to invest in these destinations.
Choosing the best country to buy gold depends on balancing costs, regulations, and security with your long-term investment goals. By weighing these factors and practicing due diligence, investors can turn gold buying into a strategy that not only preserves wealth but also secures financial resilience for the future.
But, if you’re still unsure as to why you should invest in Gold, take as much time to perform due diligence before your first purchase.
Editor’s Choice: 10 Most Valuable Assets in the World 2025: From Gold to Bitcoin
Click here to get the latest news updates from Tempo on Google News
Indonesian Man Faces Jail, Caning for Illegally Entering Singapore by Swimming
1 hari lalu
An Indonesian national enters Singapore illegally by swimming and is facing a caning penalty.
Antam Gold Price Hits All-Time High at Rp2,115,000 per Gram Today
2 hari lalu
Gold price of Antam today rose by Rp10,000 compared to the price in yesterday's trading.
5 Must-Visit Attractions in Hong Kong for First-Time Travelers
3 hari lalu
Whether you're seeking spiritual experiences or thrilling amusement parks, here are five must-visit attractions in Hong Kong for first-time travelers.
What Is Singapore Known For? 7 Iconic Things About the Lion City
3 hari lalu
Small but mighty, Singapore never misses a chance to capture hearts worldwide. But to be exact, what is Singapore known for?
Indonesia's OJK Outlines 2 Impacts of Rp200 Trillion Fund Flow to State Banks
3 hari lalu
OJK has been monitoring the impact of the Rp200 trillion fund influx from the government's account at Bank Indonesia into state banks (Himbara).
Himbara's Rp200tn Stimulus Hoped to Benefit Labor-Intensive Industries
3 hari lalu
HKI Indonesia welcomes the Ministry of Finance's initiative to disburse Rp200 trillion to state-owned banks (Himbara).
Bank Indonesia's Rp200tn Transfer to State Banks Could Lower Loan Interest, Says Finance Minister
4 hari lalu
Finance Minister Purbawa Yudhi Sadewa stated that the transfer of Rp 200 trillion from Bank Indonesia to the Association of State-Owned Banks (Himbara) has the potential to lower loan interest.
Indonesia's OJK Shuts Down Three Rural Banks After Bankruptcy
5 hari lalu
OJK has revoked the business permits of three banks in Indonesia, consisting of rural credit banks (BPR) and sharia rural credit banks (BPRS).
Indonesia's Rp200tn Fund Transfer to State Banks Yields 4% Interest
6 hari lalu
The Finance Minister is optimistic that the recipient banks will use these government funds to provide credit.
US, Saudi Arabia, UAE and Egypt Call for Sudan Truce
6 hari lalu
The US, Saudi Arabia, the United Arab Emirates and Egypt have proposed a roadmap for peace in conflict-battered Sudan.
